OLECTRA CMP 690.00 BUY IF candle closes above 698.00 Target 1/2- 774.95/790 SL= 667
Standalone December 2021 Net Sales up by 244.4% in Olectra. Detailed analysis given on the chart NSE:OLECTRA
RSI BREAKOUT good volumes and uc today Levels marked on chart
Olectra, could be making a flag for a breakout. I'm bullish. Trade with caution around budget times.
EV theme Play, Good strong pattern seen. Can see double from here on.
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
#olectra #olectragreentech A strong bull run and now accumulation going on. Volumes falling below average!! Took support at 20DEMA Safe can enter at breakout. Risky can add now or 750. If 750 breaks, 700 is a strong support. #vr Kindly DYOR
Good fundamentals. Reason for next good movement. Educational purpose only
A good triangle breakout in this small-cap stock. Targets are 380 and then 415.
LONG for long term! Olectra Greentech Limited (Formerly known as Goldstone Infratech Limited) is a Public Limited Company incorporated in India, having its registered office at Hyderabad, India. It was founded in 1992 in Hyderabad with major interests in Electric Buses, Composite Insulators, Amorphous core-distribution transformers, Data Analysis and IT...
Market Cap ₹ 2,463 Cr. Current Price ₹ 300 High / Low ₹ 349 / 53.0 Stock P/E 170 Book Value ₹ 90.2 Dividend Yield 0.00 % ROCE 2.50 % ROE 1.13 % Face Value ₹ 4.00
Olectra forming flag and pole , looking like it is ready for next bull run
SO its near breakout level the weekly candle should give closing above 280 fir successful breakout or else we can se a dip till 265.Wait for breakout and enter accordingly
If the price opens above the current support zone and the candles are stable for at least 1 hour then you can expect the price to move above 253 levels The below mentioned levels will act critical support and resistance levels. Best price to buy 232 Where the last swing initiated. Analysis is only good if NIFTY stays strong. Target 1 - 258 Target 2 -...
Olectra is near its multi month resistance level of 265. If it breaks out you can take a positional trade for the next 2 target levels of 274 and 304. Else if it dips below 255 then good time to buy will be at 245 and 237 levels.