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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 2024-06-12 View latest technical analysis

10 day averaged volume of Orient Cement is 671495

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	231.90	224.21	234.27	222.80	1.741 times
11 Tue Jun 2024	224.20	227.35	228.82	222.65	0.772 times
10 Mon Jun 2024	225.30	226.00	229.50	223.90	1.548 times
07 Fri Jun 2024	223.70	207.65	225.50	206.50	3.122 times
06 Thu Jun 2024	207.65	205.05	212.50	204.00	0.415 times
05 Wed Jun 2024	202.00	204.30	204.30	190.70	0.716 times
04 Tue Jun 2024	193.15	211.50	212.00	182.00	1.162 times
03 Mon Jun 2024	211.25	212.00	215.85	209.45	0.818 times
31 Fri May 2024	206.45	211.45	213.50	205.25	0.658 times
30 Thu May 2024	211.45	217.00	218.00	210.50	0.318 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 232.2, for a target of 222.1 or 213.77

Share price targets for Orient Cement (ORIENTCEM)

Target Type	Value
Downside Target	182.00
Downside Target	190.00
Downside Target	205.25
Downside Target	218.75
Downside Target	222.65
Downside Target	225.50
Upside Target	233.60
Upside Target	234.27
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	224.94
Downside Intraday Target	217.99
Upside Intraday Target	236.56
Upside Intraday Target	241.23
Downside Intraday Target	229.61

Weekly technical analysis of Orient Cement (ORIENTCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	231.90	226.00	234.27	222.65	0.652 times
07 Fri Jun 2024	223.70	212.00	225.50	182.00	2.731 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

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
12 Wed Jun 2024	231.90	212.00	234.27	182.00	0.597 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.

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 moving up

CCI has generated a buy signal for Orient Cement in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 217.85 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 positive

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