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Technicals for Olectra Greentech Limited
By MusingTheNews
2025-07-16 20:48
Overall Technical outlook
Price Summary
On 2025-07-15, Olectra Greentech Limited's stock opened at 1212.9, peaked at 1243.6, hit a low of 1212.9, and closed 1.2% up at 1227.4, with 230284 shares changing hands. Over the past 52 weeks, the stock reached a maximum price of 1763.7 and a minimum price of 1016.3.
Technicals
Support and Resistance: The price of 1227.4 is supported at 1192.25 and faces resistance at 1248.5. This range suggests key levels for OLECTRA where the price may stabilize, with 1192.25 acting as a support and 1248.5 as a cap on gains. Support/Resistance for OLECTRA
Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for OLECTRA, with no strong trend emerging. Aroon chart for Olectra Greentech Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for Olectra Greentech Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for Olectra Greentech Limited
Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for Olectra Greentech Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Tripple SMA chart for Olectra Greentech Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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