OLAELEC - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:03 am

IntraDay Trade Rating: 1.7

📊 Analysis: OLAELEC is trading at ₹34.4, well below DMA 50 (₹42.4) and DMA 200 (₹52.2), confirming strong bearish momentum. RSI at 23.1 indicates oversold conditions, but MACD (-3.12) remains negative, suggesting continued weakness. Volume (20.1 crore) is significantly higher than average (12.0 crore), showing heavy participation, likely driven by selling pressure. With negative ROE (-0.58%), very low ROCE (0.59%), and continued quarterly losses, the stock is a weak candidate for intraday trading today.

💡 Optimal Buy Price: ₹33–₹34 (only for speculative bounce trades)

🎯 Profit-Taking Exit Levels: ₹36–₹37 (short-term bounce target)

🛑 Stop-Loss / Loss Protection: ₹32 (below immediate support)

⏱️ If Already Holding: Exit intraday if price fails to sustain above ₹34 or if RSI drops below 22 with MACD continuing negative. Consider booking profits if price approaches ₹36–₹37 with volume confirmation.

✅ Positive

• 📊 DII holding increased by 3.91%, showing strong domestic investor support
• 📉 Debt-to-equity ratio at 0.04 ensures low leverage
• 📈 High trading volume indicates strong market activity/liquidity

⚠️ Limitation

• 📉 Price trading well below DMA 50 and DMA 200 confirms bearish trend
• 📊 RSI oversold but momentum remains weak
• 📉 Dividend yield at 0.00%, limiting investor appeal
• 📊 EPS negative (-₹0.11), showing lack of profitability

🚨 Company Negative News

• 📉 Continued quarterly losses (PAT -₹14 Cr. vs -₹11 Cr.)
• 📊 FII holding reduced by -1.23%, showing foreign investor caution
• 📉 Quarterly profit variation declined (-27.3%)

🌟 Company Positive News

• 📊 Domestic institutional investors increased stake significantly (+3.91%)
• 📉 Debt remains low, providing financial stability

🏭 Industry

• 📊 Industry PE at 29.6, but OLAELEC has no meaningful P/E due to losses
• 🚗 EV & automotive sector outlook tied to government incentives and adoption trends

📌 Conclusion

OLAELEC is a weak intraday candidate today due to bearish technicals, stretched downside momentum, and continued losses. While oversold RSI and strong DII inflows may trigger a bounce, momentum indicators remain unfavorable. Traders may attempt speculative entries near ₹33–₹34 with stop-loss at ₹32 and profit booking around ₹36–₹37. Conservative traders should avoid intraday positions until fundamentals and technicals improve.

Would you like me to extend this into a peer benchmarking overlay comparing OLAELEC with other EV and automotive sector stocks, so you can identify relative intraday strength opportunities?