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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 2024-06-06 View latest technical analysis

10 day averaged volume of Orient Cement is 384398

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	207.65	205.05	212.50	204.00	0.726 times
05 Wed Jun 2024	202.00	204.30	204.30	190.70	1.25 times
04 Tue Jun 2024	193.15	211.50	212.00	182.00	2.029 times
03 Mon Jun 2024	211.25	212.00	215.85	209.45	1.428 times
31 Fri May 2024	206.45	211.45	213.50	205.25	1.149 times
30 Thu May 2024	211.45	217.00	218.00	210.50	0.556 times
29 Wed May 2024	217.60	214.90	219.00	211.85	0.824 times
28 Tue May 2024	215.05	212.20	215.85	210.05	0.808 times
27 Mon May 2024	211.50	214.90	216.40	210.70	0.649 times
24 Fri May 2024	212.90	214.60	215.60	212.35	0.468 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 205.2 as stoploss in an intra day buy trade for a target of 210.83. However, stock will show a bearish move below 205.2.

Share price targets for Orient Cement (ORIENTCEM)

Target Type	Value
Downside Target	182.00
Downside Target	190.00
Downside Target	205.25
Upside Target	215.85
Upside Target	219.00
Upside Target	220.85
Upside Target	222.10
Upside Target	233.60
Upside Target	239.90
Upside Target	256.65
Upside Target	293.75

Intraday share price targets for Orient Cement (ORIENTCEM)

Target Type	Value
Downside Intraday Target	187.82
Downside Intraday Target	167.98
Upside Intraday Target	221.67
Upside Intraday Target	235.68
Downside Intraday Target	201.83

Weekly technical analysis of Orient Cement (ORIENTCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	207.65	212.00	215.85	182.00	1.363 times
31 Fri May 2024	206.45	214.90	219.00	205.25	0.744 times
24 Fri May 2024	212.90	214.75	220.85	206.30	1.063 times
18 Sat May 2024	214.70	217.70	218.75	207.55	0.438 times
10 Fri May 2024	217.70	220.80	233.60	210.35	0.886 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
06 Thu Jun 2024	207.65	212.00	215.85	182.00	0.18 times
31 Fri May 2024	206.45	224.90	233.60	205.25	0.36 times
30 Tue Apr 2024	221.40	199.00	256.65	191.20	2.13 times
28 Thu Mar 2024	195.80	229.20	239.90	190.00	0.921 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 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 Cement ( (ORIENTCEM) ) based on a short to mid 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 Cement ( (ORIENTCEM) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

MACD generated a SELL signal for Orient Cement in short term and the sell signal is strong.

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

Orient Cement 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. Bears are weakening, and bulls 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 buy signal for Orient Cement in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 206.49 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 falling down

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 has given negative 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.