OLECTRA - Swing Trade Analysis with AI Signals

Last Updated Time : 19 Sept 25, 2:15 pm

Swing Trade Rating: 4.2

📈 Swing Trade Analysis: OLECTRA (Olectra Greentech Ltd.)

Olectra is currently a strong candidate for swing trading, supported by bullish technical indicators and solid profitability. While valuation is steep, the stock’s momentum and positioning near its 52-week high make it attractive for short-term traders.

✅ Strengths

Technical Momentum

MACD (54.0): Strong bullish signal.

RSI (66.6): Positive momentum, approaching overbought but still tradable.

Price above 50 DMA (₹1,481) and 200 DMA (₹1,382): Clear uptrend.

52w Index (85.0%): Trading near yearly highs — strong sentiment.

Fundamentals

ROCE (21.0%) and ROE (14.2%): Healthy capital efficiency.

EPS (₹17.2) and Qtr Profit Var (+7.96%): Steady earnings growth.

Debt-to-Equity (0.20): Low leverage.

FII Holding Increase (+0.28%): Positive foreign sentiment.

⚠️ Risks

Valuation

P/E (96.8) vs Industry PE (41.2): Highly overvalued.

PEG Ratio (1.74): Indicates moderate growth relative to valuation.

Volume Dip

Current Volume (6.06L) below 1-week average (8.45L): Slight drop in trader interest.

Dividend Yield (0.02%): Minimal passive income.

Flat PAT (₹22.4 Cr. vs ₹24.3 Cr.): Sequential stagnation.

🎯 Optimal Entry Price

Entry Zone: ₹1,600–₹1,620

A pullback near this level offers a better risk-reward setup. Look for RSI to stay below 70 and MACD to remain positive.

🚪 Exit Strategy (If Already Holding)

Target Exit Price: ₹1,770–₹1,785

Near recent high and psychological resistance.

Stop Loss: ₹1,540

Just below 50 DMA and support zone.

Time Horizon: 1–2 weeks, depending on volume and RSI behavior.

This setup suits momentum-driven traders who are comfortable with premium valuations and can manage short-term volatility. Let me know if you'd like help tracking this trade or scanning similar setups.

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