Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(OLECTRA) Olectra Greentech complete technical analysis [charts+indicators] | Buy/Sell Olectra Greentech | (OLECTRA) share price targets

Complete technical analysis of Olectra Greentech (OLECTRA) by charts plus indicators, forecast predictions and share price targets for Olectra Greentech (OLECTRA)

Showing technical analysis as on 2024-04-04 View latest technical analysis

10 day averaged volume of Olectra Greentech is 1468257

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	1920.35	1930.75	2011.75	1907.20	1.348 times
03 Wed Apr 2024	1920.65	1912.00	1958.70	1906.25	0.489 times
02 Tue Apr 2024	1911.80	1924.00	1937.60	1896.70	0.446 times
01 Mon Apr 2024	1914.95	1900.95	1949.00	1900.95	0.611 times
28 Thu Mar 2024	1888.55	1940.00	1964.65	1860.00	1.328 times
27 Wed Mar 2024	1925.25	1772.00	1945.00	1770.00	2.857 times
26 Tue Mar 2024	1764.05	1784.05	1808.00	1758.15	0.451 times
22 Fri Mar 2024	1785.65	1769.00	1803.75	1755.15	0.768 times
21 Thu Mar 2024	1772.00	1720.00	1793.90	1718.65	1.321 times
20 Wed Mar 2024	1689.10	1716.80	1749.00	1680.00	0.735 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1912.9, but if it comes below 1912.9, then a intra day sell could be more profitable.
If you take a sell trade below 1912.9, then use 1912.9 as stoploss and 1816.32 as target. However if you take a buy trade in stock , then use 1912.9 as stoploss and 2028.9 as target.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1177.45
Downside Target	1327.40
Downside Target	1378.80
Downside Target	1560.10
Downside Target	1680.00
Downside Target	1758.15
Downside Target	1803.75
Downside Target	1852.00
Downside Target	1896.70
Upside Target	1964.65
Upside Target	1994.70
Upside Target	2011.50
Upside Target	2011.75
Upside Target	2221.95

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	1874.12
Downside Intraday Target	1827.88
Upside Intraday Target	1989.17
Upside Intraday Target	2057.98
Upside Intraday Target	1942.93

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	1920.35	1900.95	2011.75	1896.70	0.624 times
28 Thu Mar 2024	1888.55	1784.05	1964.65	1758.15	1.005 times
22 Fri Mar 2024	1785.65	1730.00	1803.75	1680.00	0.53 times
15 Fri Mar 2024	1748.75	1903.50	1903.50	1560.10	4.079 times
07 Thu Mar 2024	1897.40	1976.75	1994.70	1852.00	0.494 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Olectra Greentech (OLECTRA)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	1920.35	1900.95	2011.75	1896.70	0.14 times
28 Thu Mar 2024	1888.55	1978.00	2011.50	1560.10	0.562 times
29 Thu Feb 2024	1966.75	1751.20	2221.95	1713.05	0.828 times
31 Wed Jan 2024	1742.05	1349.00	1808.00	1327.40	2.466 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Olectra Greentech (OLECTRA)

Price action analysis of Olectra Greentech ( (OLECTRA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Olectra Greentech ( (OLECTRA) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Olectra Greentech ( (OLECTRA) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Olectra Greentech stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Olectra Greentech in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Olectra Greentech Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Olectra Greentech in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Olectra Greentech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1864.79 and Olectra Greentech (OLECTRA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Olectra Greentech (OLECTRA) stock. Volume based technical analysis of Olectra Greentech (OLECTRA) stock is negative.

Olectra Greentech Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.