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

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

Orient Cement trades in NSE in Cement & Cement Products sector.

Showing technical analysis as on 2024-04-09 View latest technical analysis

10 day averaged volume of Orient Cement is 1106769

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	217.70	224.80	224.80	215.15	0.441 times
08 Mon Apr 2024	222.65	219.90	223.35	215.15	0.781 times
05 Fri Apr 2024	217.10	220.00	220.95	216.10	0.356 times
04 Thu Apr 2024	220.15	219.50	221.40	218.30	0.326 times
03 Wed Apr 2024	219.05	222.20	223.90	216.60	1.623 times
02 Tue Apr 2024	220.90	216.00	223.00	211.30	1.632 times
01 Mon Apr 2024	213.20	199.00	215.60	198.70	1.052 times
28 Thu Mar 2024	195.80	201.10	202.65	194.20	0.902 times
27 Wed Mar 2024	200.75	199.35	205.75	197.05	1.888 times
26 Tue Mar 2024	198.90	201.70	204.90	198.00	0.742 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 217.4, but if it comes below 217.4, then a intra day sell could be more profitable.
If you take a sell trade below 217.4, then use 217.4 as stoploss and 208.24 as target. However if you take a buy trade in stock , then use 217.4 as stoploss and 228.4 as target.

Share price targets for Orient Cement (ORIENTCEM)

Target Type	Value
Downside Target	190.00
Downside Target	194.20
Downside Target	205.75
Downside Target	215.15
Upside Target	222.10
Upside Target	227.70
Upside Target	230.70
Upside Target	239.90
Upside Target	247.05
Upside Target	260.60
Upside Target	290.95
Upside Target	293.75

Intraday share price targets for Orient Cement (ORIENTCEM)

Target Type	Value
Downside Intraday Target	213.63
Downside Intraday Target	209.57
Upside Intraday Target	223.28
Upside Intraday Target	228.87
Upside Intraday Target	219.22

Weekly technical analysis of Orient Cement (ORIENTCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	217.70	219.90	224.80	215.15	0.245 times
05 Fri Apr 2024	217.10	199.00	223.90	198.70	1.412 times
28 Thu Mar 2024	195.80	201.70	205.75	194.20	1.438 times
22 Fri Mar 2024	204.15	203.10	208.00	190.00	0.643 times
15 Fri Mar 2024	206.20	224.15	227.70	197.50	1.178 times

Price has moved up 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 Cement (ORIENTCEM)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	217.70	199.00	224.80	198.70	0.455 times
28 Thu Mar 2024	195.80	229.20	239.90	190.00	0.921 times
29 Thu Feb 2024	227.25	284.65	293.75	222.10	0.638 times
31 Wed Jan 2024	282.55	252.75	290.95	247.05	1.025 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 Cement (ORIENTCEM)

Price action analysis of Orient Cement ( (ORIENTCEM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Orient Cement ( (ORIENTCEM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Orient Cement ( (ORIENTCEM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Orient Cement ( (ORIENTCEM) ) 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 Cement stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Orient Cement 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 Cement Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

CCI has generated a SELL signal for Orient Cement in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Orient Cement is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 211.69 and Orient Cement (ORIENTCEM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

Orient Cement 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.