OLECTRA NEWS why is Olectra Greentech Limited price falling or rising

OLECTRA NEWS reasons for why stock price of Olectra Greentech Limited is falling or rising

OLECTRA Olectra Greentech is falling or rising technical reasons

Technical analysis forecast for Olectra Greentech Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Olectra Greentech OLECTRA at this time. Stock is falling and might fall more.

It appears as if Olectra Greentech OLECTRA gave a large move recently.

Stock of Olectra Greentech (OLECTRA) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Olectra Greentech is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1748.6 as stoploss in an intra day buy trade for a target of 1825.84. However, stock will show a bearish move below 1748.6.

OLECTRA Olectra Greentech is falling or rising NEWS fundamental reasons

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended March 31, 2024 - NEWS as on 2024-04-18

Company Announcement - NEWS as on 2024-04-18

Company Announcement Olectra Greentech Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-15

Company Announcement Olectra Greentech Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015'. - NEWS as on 2024-04-03

Company Announcement Olectra Greentech Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2024-03-27

Company Announcement Olectra Greentech Limited has informed the Exchange regarding 'Bagging of order for 10 Electric Busses'. - NEWS as on 2024-03-19

Company Announcement Olectra Greentech Limited has informed the Exchange regarding 'Bagging of order for 2,400 Electric Buses'. - NEWS as on 2024-02-22

More announcements and NEWS

OLECTRA Olectra Greentech Limited current price & indicator signals

Moving Averages for Olectra Greentech Limited

  • 5Day Average: 1772.1
  • 12Day Average: 1843.27
  • 20Day Average: 1828.42
  • 50Day Average: 1892.25
  • 100Day Average: 1660.29
  • 150Day Average: 1500.9
  • 200Day Average: 1423.1

OLECTRA Indicators & signals

Indicator MACD (12,26,9)

1811.89, 1830.5, -6.06
Indicator MACD is in negative zone

Indicator ADX (14)

16.73, 17.99, 25.22
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of OLECTRA Olectra Greentech Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 1754.25 1721.45 to 1761.95 -1.03% 0.49 times
18 Thu Apr 2024 1772.50 1761.15 to 1822.95 0.26% 0.64 times
16 Tue Apr 2024 1767.90 1722.45 to 1790.10 1.62% 0.88 times
15 Mon Apr 2024 1739.80 1700.10 to 1767.70 -4.72% 1.76 times
12 Fri Apr 2024 1826.05 1815.00 to 1873.90 -1.32% 0.57 times
10 Wed Apr 2024 1850.50 1830.00 to 1878.20 -0.98% 0.67 times
09 Tue Apr 2024 1868.90 1850.00 to 1907.80 0.17% 0.69 times
08 Mon Apr 2024 1865.70 1849.10 to 1934.70 -2.87% 1.21 times
05 Fri Apr 2024 1920.80 1897.05 to 1944.85 0.02% 0.8 times
04 Thu Apr 2024 1920.35 1907.20 to 2011.75 -0.02% 2.03 times
03 Wed Apr 2024 1920.65 1906.25 to 1958.70 0.46% 0.74 times
02 Tue Apr 2024 1911.80 1896.70 to 1937.60 -0.16% 0.67 times

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OLECTRA NEWS why is Olectra Greentech Limited price falling or rising

 

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