logo munafa.org

NEWS Gainers Losers
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ORIENTABRA) Orient Abrasives complete technical analysis [charts+indicators] | Buy/Sell Orient Abrasives | (ORIENTABRA) share price targets

Complete technical analysis of Orient Abrasives (ORIENTABRA) by charts plus indicators, forecast predictions and share price targets for Orient Abrasives (ORIENTABRA)

Orient Abrasives trades in NSE in Other Industrial Products sector.

10 day averaged volume of Orient Abrasives is 65153

Date Daily Closing Price Open High Low Volume
16 Fri Apr 2021 21.55 21.80 21.95 21.50 0.309 times
15 Thu Apr 2021 21.50 21.85 22.85 21.45 0.899 times
13 Tue Apr 2021 21.85 21.95 22.40 21.20 0.464 times
12 Mon Apr 2021 21.65 23.35 23.35 21.50 1.441 times
09 Fri Apr 2021 23.30 23.20 23.50 22.85 2.129 times
08 Thu Apr 2021 22.35 21.40 22.70 21.20 1.622 times
07 Wed Apr 2021 21.15 21.90 21.90 21.00 0.593 times
06 Tue Apr 2021 21.15 21.00 21.55 20.80 0.406 times
05 Mon Apr 2021 20.85 21.45 21.70 19.20 1.537 times
01 Thu Apr 2021 21.45 21.75 21.75 20.80 0.583 times

My analysis of stock is bearish for shortterm, and stock might move down till 20.9 or till 20.1. Use a stoploss of 21.58 and if the stock hits stoploss, then it can shoot up till 22.24

Share price targets for Orient Abrasives (ORIENTABRA)

Target Type Value
Downside Target 19.20
Downside Target 19.60
Downside Target 20.20
Downside Target 20.65
Downside Target 21.20
Upside Target 21.75
Upside Target 23.35
Upside Target 23.50
Upside Target 24.95
Upside Target 25.05
Upside Target 25.40
Upside Target 25.95
Upside Target 29.40

Intraday share price targets for Orient Abrasives (ORIENTABRA)

Target Type Value
Downside Intraday Target 20.72
Downside Intraday Target 19.88
Upside Intraday Target 22.87
Upside Intraday Target 24.18
Upside Intraday Target 22.03

Weekly technical analysis of Orient Abrasives (ORIENTABRA)

Date Weekly Closing Price Open High Low Volume
16 Fri Apr 2021 21.55 23.35 23.35 21.20 0.495 times
09 Fri Apr 2021 23.30 21.45 23.50 19.20 4.226 times
01 Thu Apr 2021 21.45 21.25 21.75 20.65 0.516 times
26 Fri Mar 2021 21.05 22.00 22.50 20.20 0.33 times
19 Fri Mar 2021 21.60 24.00 24.95 20.70 1.976 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Orient Abrasives (ORIENTABRA)

Date Monthly Closing Price Open High Low Volume
16 Fri Apr 2021 21.55 21.75 23.50 19.20 0.397 times
31 Wed Mar 2021 20.80 22.95 25.40 20.20 1.25 times
25 Thu Feb 2021 22.95 25.40 25.95 22.10 0.218 times
29 Fri Jan 2021 24.60 22.75 29.40 22.40 1.177 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Orient Abrasives (ORIENTABRA)

Indicator Name Indicator Value Indicator Signal
ADX 18, 24, 12 Sell
MACD -1, -1Buy
Stochastics 57None
CCI -8Sell
RSI 48Sell
OBV 121844Sell
VWAP 22Sell
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Orient Abrasives ( (ORIENTABRA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Orient Abrasives ( (ORIENTABRA) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Orient Abrasives ( (ORIENTABRA) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Orient Abrasives ( (ORIENTABRA) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Orient Abrasives stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Orient Abrasives in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Orient Abrasives Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Orient Abrasives in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Orient Abrasives is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 21.92 and Orient Abrasives (ORIENTABRA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Orient Abrasives (ORIENTABRA) stock. Volume based technical analysis of Orient Abrasives (ORIENTABRA) stock is negative.

Orient Abrasives Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Orient Abrasives charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
 Learn then Earn
Back to top | Use Dark Theme