Overall Technical outlook

Price Summary

The stock of OLECTRA declined -6.56% today, reflecting a mediocre market performance.
On 2026-02-03, Olectra Greentech Limited's stock opened at 1133.0, peaked at 1133.0, hit a low of 1051.9, and closed -6.56% lower at 1058.7, with 620669 shares changing hands.
The top price for the stock in the last 52 weeks is 1671.0, with the bottom price being 987.6.

Technicals

Support and Resistance: The current price of 1058.7 for OLECTRA is supported at 987.6 and faces resistance at 1134.0. These levels indicate that 987.6 could act as a floor, while 1134.0 might limit any further price increases.
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Support/Resistance for OLECTRA


Aroon: The AROON 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.
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Aroon chart for Olectra Greentech Limited


Bol. Bands: The BOLL BANDS 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.
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Bolinger Bands chart for Olectra Greentech Limited


Parabolic SAR: The PSAR for OLECTRA maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment.
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Parabolic Stop and Reverse chart for Olectra Greentech Limited


Stochastic: The current reading of the STOCHASTIC is neutral for OLECTRA, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Stochastic chart for Olectra Greentech Limited


Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the potential for a reversal is hinted at by the slopes of the shorter-term averages. These faster-moving averages show signs of weakening momentum, indicating that while the overall trend is still upward, a reversal could be approaching.
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Tripple SMA chart for Olectra Greentech Limited


When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.