Swastik24

Olectra Greentech Trend Analysis

Short
NSE:OLECTRA   OLECTRA GREENTECH
285% rally in 141 days is good enough rally to attract retail traders.
Stay away and thank me later.

As per ABC corrective pattern, Olectra already achieved its target.
I am not expecting any upside in short term.
50% correction coming which can push the price lower towards 700 odd levels

Once peaked at PE of 370, now available at a PE of 172.
Even the forward PE is around 100.
Think about it.

Do your own due diligence before taking any action.
Peace !!
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