OLAELEC - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 3.4

⚡ Intraday Trade Analysis for OLAELEC

Ola Electric shows a speculative setup for intraday trading today. While momentum indicators are mildly bullish and the stock is trading near its 200 DMA, weak fundamentals and declining volume suggest caution. This setup suits short-term scalping with tight risk controls.

📊 Technical & Momentum Overview

RSI (55.6): Slightly bullish — momentum is building but not strong.

MACD (3.29): Positive — indicates short-term upward momentum.

Price Action: Trading above 50 DMA (₹51.7) but slightly below 200 DMA (₹58.3), suggesting a potential breakout if volume improves.

Volume: Current volume (2.27 Cr.) is below 1-week average (3.12 Cr.), indicating fading intraday interest.

📉 Fundamental Snapshot

Valuation: No valid P/E or PEG due to negative EPS (₹-0.10); industry PE is 33.4.

Profitability: ROCE (0.59%) and ROE (-0.58%) are weak — poor capital efficiency.

Quarterly Profit: Loss narrowed from ₹-56 Cr. to ₹-11 Cr. — improving but still negative.

Institutional Flow: FII holdings increased (+1.58%), DII slightly reduced — speculative interest.

Debt: Very low (0.05) — adds financial resilience.

🎯 Optimal Buy Price for Today

Buy Zone: ₹56.5–₹57.2

Entry near support with tight stop-loss. Avoid chasing above ₹58 unless volume spikes and RSI crosses 58.

💰 Exit Levels for Profit-Taking & Stop-Loss

Strategy Price Level (₹) Rationale

Target 1 59.5 Minor resistance zone

Target 2 61.0 Momentum extension target

Stop-Loss 54.5 Below intraday support

🕒 If You Already Hold OLAELEC Today

Exit on Weakness

Price drops below ₹54.5 with rising volume.

RSI dips below 52 or MACD flattens.

Exit on Strength

Price nears ₹59.5–₹61.0 with declining volume or bearish divergence.

Watch for reversal candles or lower highs on 5-min chart.

This setup favors speculative scalping with disciplined execution. Let me know if you'd like to compare OLAELEC with other EV or tech stocks showing stronger momentum.

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