NSE:OLECTRA is nearing triangle breakout Entry : Wait for breakout with volume above average and then take position Exit : When the setup is invalidated by false breakout Target : Can be anything below 940, giving around 50% returns from current price of 591.5. However start booking partial profits at 720 and above. Fundamentally income statement is good, debt...
Olectra Green results posted were amazing and time for bulls Buy above 661 SL 600 on closing basis
Buses going electric by olectra! Good for future and long term investment SL 654 marked on chart other levels on chart for targets
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
Stock Name - Olectra Greentech. As per the ichimoiku rule, today's close is showing T/K crossover. This cross over happens below cloud & suitable for Aggresive traders only. It can bounce till 721. More stength Above 726. #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Rule...
WIth news of a very large 3500cr+ order from the Maharashtra govt the Electric bus trend could be going great guns going ahead. With most state governments now prefering electric buses the tailwinds are high. Long at current prices as the stock has broken out of its downward trend and also crossed back above its 200EMA. SL below 622..
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