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Technicals for Olectra Greentech Limited
By MusingTheNews
2025-05-30 20:50
Overall Technical outlook
Price Summary
Olectra Greentech Limited's stock surged 2.47% today, marking a robust performance in the market. On 2025-05-30, Olectra Greentech Limited's stock began at 1200.0, peaked at 1248.4, declined to 1200.0, and ended the day 2.47% higher at 1229.6, with 1286182 shares traded. Throughout the 52-week period, the stock hit a high of 1907.45 and a low of 1016.3.
Technicals
Support and Resistance: The price is currently at 1229.6, supported by 1192.25 and resisted by 1256.65. This indicates a range where 1192.25 may provide a base for the price, while 1256.65 serves as a cap on further upward movement for OLECTRA. Support/Resistance for OLECTRA
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for Olectra Greentech Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Olectra Greentech Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for OLECTRA. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Olectra Greentech Limited
Stochastic: The STOCHASTIC is currently in a neutral position for Olectra Greentech Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Stochastic chart for Olectra Greentech Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for Olectra Greentech Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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