OLAELEC - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

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IntraDay Trade Rating: 2.4

💹 Optimal Buy Price: ₹48.5–₹49.5 (below current price and near short-term support)

🎯 Profit Target: ₹52.0–₹53.0 (resistance zone near 50 DMA)

🛡️ Stop Loss: ₹47.0 (below recent support and psychological level)

📊 Exit Strategy if Already Holding: Consider exiting near ₹52.5 if RSI approaches 45 and MACD flattens. Watch for price rejection near ₹53 and volume divergence.

✅ Positive

• 📊 DII holding increased by 3.91%, showing strong domestic institutional interest
• 📉 Debt-to-equity ratio of 0.05 reflects minimal financial leverage
• 📈 PAT improved from ₹-56.0 Cr to ₹-11.0 Cr, showing reduced losses

⚠️ Limitation

• 📉 RSI at 40.6 and MACD at -0.96 indicate weak momentum
• 📉 Stock trading below both 50 DMA and 200 DMA, showing technical weakness
• 📉 Volume today (73.6L) is below 1-week average (97.7L)
• 📉 ROCE (0.59%) and ROE (-0.58%) reflect poor capital efficiency
• 📉 No valid P/E or PEG ratio due to negative earnings

🚫 Company Negative News

• 📉 Continued quarterly losses and profit variation of -83.3% raise concerns about financial stability

📢 Company Positive News

• 📈 EPS improved slightly to ₹-0.10, indicating reduced loss per share
• 📊 Price action near 52-week low (16.7% index) may attract technical bounce interest

🏭 Industry

• 🚗 OLAELEC operates in the electric vehicle and mobility tech sector, which benefits from long-term sustainability trends
• 📈 Industry P/E of 39.3 supports long-term valuation potential for profitable peers

🧾 Conclusion

📌 OLAELEC presents a speculative intraday setup with improving losses and strong DII interest, but weak technicals and fundamentals limit conviction. Traders may consider entering near ₹49 with a target of ₹52.5 and stop loss at ₹47. If already holding, monitor RSI and MACD for exit signals near resistance.

I can also help you compare OLAELEC’s setup with peers like Greaves Electric or Ather Energy to identify stronger intraday candidates.