Olectra Targets 1600++ supports 800/820 zone Use the Dips supported with good volumes
Buy signal was above 939 level and already retested. Can take Swing positions in this.
It has given weekly breakout and may have potential to give approx. 50% or more return in next 1 year. I have tried to plot probable moves in the future based on past price movements. However, price movement is subject to market conditions and any unforeseen events. Olectra Greentech Limited was incorporated in 1992. The Company is primarily engaged in the...
We can buy Olectra 2x Daily Volumes of more than 20Day Moving Average Auto Sector also in good uptrend SL 770 1st Target 1045
NSE:OLECTRA ✅ #OLECTRA trading above Resistance of 740 ✅ Next Resistance is at 988 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is...
OLECTRA Red is 20EMA Green is 200EMA Market is in Uptrend Good chance for breaking All time high Break above Swing High So Entry - 740-745 SL- candle close below weakly candle low (or)- 675 Sl is High Safe trader can wait for Retracement and Enter @ 700 TGT-840,940,1050 EXIT 1ST TGT With SL Wait for 2ND TGT With SL Cost to Cost or Trail
- Strong build up before BO - Big volume on BO - Above key EMAs - Bullish RSI
BREAKOUT in OLECTRA add at CMP , stoploss 740 , TGT 100
Olectra greentech gave trendline and range breakout good to keep on radar.
A VCP being formed indicating weak hands being removed at every new trend
Looking good for a upmove ..can heads towards 750+levels SL below 640 level.....
With Olectra finally winning the Mumbai order the stock could see some traction. The stock could break the wedge above 720. The stoploss (630) here would be slightly deep hence i'd take a smaller position and gradurally look to pyramid.
Forming a triangle pattern after a sharp up move. The company is ev based & has very good fundamentals.
buy above 685 tgt 743 SL 646 strategy based on candle sticks pattern catch bottom
#OLECTRA :Good Volatility Contraction Seen Superb Breakout candidate >> Good strength & decent Volumes in stock Levels mentioned on chart Keep liking & sharing for more Learnings
If we see the weekly charts then a big breakout is seen . It has the potential to move and show more up move.
As wee see, bullish engulfing pattern with longer red stick than other red sticks in downtrend. Longing for around 10% profits.
Olectra Green is on Triangle BO level. It may test 730 and 888 soon