Stock analysis Olectra Greentech Limited OLECTRA
Recent prices of OLECTRA Olectra Greentech Limited are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast of Olectra Greentech Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Olectra Greentech Limited OLECTRA at this time. Stock is rising and might rise more.
It appears as if Olectra Greentech Limited OLECTRA gave a large move recently.
Stock of Olectra Greentech Limited (OLECTRA) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of Olectra Greentech Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1241.4 as stoploss in an intra day sell trade for a target of 1211.07. However, stock will show a bullish move above 1241.4.