OLA : Simple Channels and Exceptional Volume Patterns

Ola Electric (NSE: OLAELEC) displays a descending channel pattern with the red resistance trendline providing consistent overhead resistance. The stock has operated within this falling channel structure since peak levels, creating defined technical boundaries.

A broadening formation is evident through white trendlines showing expanding volatility ranges.

Exceptional volume expansion compared to historical averages. Combined NSE+BSE volumes substantially exceed normal ranges, indicating institutional participation rather than retail activity.

Disclaimer: Educational content only. Not investment advice. Trading involves substantial risk. Technical patterns don't guarantee outcomes. Consult qualified advisors before investing.