OLA ELECTRIC MOBILITY LTD (NSE: OLAELECTRIC) OLA ELECTRIC MOBILITY LTDNSE:OLAELECsiddhantsamaiyaOLA ELECTRIC Breaking out from a downtrend Trend: The stock has been in a sustained downtrend but is currently testing the major descending trendline resistance. Volume: Noticeable spike in volume recently (highlighted box), signaling strong accumulation and potential breakout interest. RSI: Now at 62.06, breaking above its moving average and showing positive momentum after recovering from lower levels. Outlook: A decisive breakout above the trendline (blue arrow) could trigger a sharp up move. Watch for volume confirmation above this level. Invalidation: Failure to break out may lead to further consolidation or continuation of the downtrend.