Ola Electric Mobility Ltd. – Daily Chart Reversal Trade SetupOla Electric Mobility LimitedNSE:OLAELECnandupkSharing a fresh daily chart setup for Ola Electric Mobility Limited. The price is currently stabilizing around the ₹24–₹25 zone after a prolonged downtrend. This area lies near a key demand/support zone between ₹25.84 – ₹22.25, which may attract buyers if the base formation holds. Trade Plan Entry Zone: ₹24.50 – ₹25.80 (on sustained hold or bullish reversal from the support zone) Stop Loss: ₹22.25 (below key support / invalidation level) Primary Targets: ₹32.55 (near-term resistance level) ₹44.21 (major resistance level) Chart Observations • Price is currently consolidating near a strong demand/support zone around ₹25.84 – ₹22.25. • The ₹24–₹25 range is acting as a base formation after continuous selling pressure. • ₹32.55 is the first key resistance level where price may face selling pressure. • If price breaks and sustains above ₹32.55, it can move toward ₹44.21, which is a major supply/resistance zone. • Overall trend is still bearish, but signs of stabilization suggest a potential reversal or pullback rally. Notes • This is a counter-trend setup, so confirmation (strong bullish candle / volume) is important before entry. • The stop loss at ₹22.25 clearly defines downside risk. • Traders may consider partial profit booking near ₹32.55 and trail remaining positions toward ₹44.21. Disclaimer This idea is for educational purposes only and not financial or investment advice. Markets are volatile and conditions can change quickly. Always do your own analysis and apply proper risk management before taking any trades.