Buy Ola Electric Mobility Ltd For Target Rs.43.30 by Jainam Share Consultants
Ola Electric Mobility Ltd
Buy Ola Electric Mobility Ltd CMP 38.50 Buy Price 38.50 Target 43.30 Stop loss 35.85 Holding Periond 1 Month
* The stock price trading at Rs. 38.50 on 02nd JAN 2026.
* Currently the stock has given bullish chart pattern formation which resemble as Head & Shoulder pattern breakout on daily chart
* At this point, the price is trading above 10 & 20 EMA, which indicates a continuation of bullish momentum. Additionally, the momentum indicator RSI is also in Bullish zone, above the 60 level, suggesting * strengthening positive sentiment in the stock.
* We expect the stock price to continue its current bullish momentum and head towards 35-35.85 levels considering the current price action.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
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