Overall Technical outlook

Price Summary

On 2025-08-14, Olectra Greentech Limited's stock began at 1479.2, peaked at 1496.7, bottomed at 1451.5, and closed -0.7% down at 1468.8, with a volume of 364718 shares.
Throughout the 52-week period, the stock hit a high of 1752.1 and a low of 1016.3.

Technicals

Support and Resistance: The price of 1468.8 is supported at 1409.0 and faces resistance at 1532.4. This range suggests key levels for OLECTRA where the price may stabilize, with 1409.0 acting as a support and 1532.4 as a cap on gains.
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Support/Resistance for OLECTRA


Aroon: The AROON is in a neutral stance for OLECTRA, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Aroon chart for Olectra Greentech Limited


Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Olectra Greentech Limited. This suggests a period of market balance, where neither side is showing dominance.
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Bolinger Bands chart for Olectra Greentech Limited


Parabolic SAR: The PSAR remains bearish for Olectra Greentech Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise.
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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.
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Stochastic chart for Olectra Greentech Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the weakening slopes of the 20 and 50 SMAs hint at a potential shift. This wavering could indicate that the bearish momentum is slowing down, possibly leading to a reversal towards bullish price action. Investors should watch for signs of a trend change as the market might be gearing up for a new upward move.
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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.