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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 2024-09-16 View latest technical analysis

10 day averaged volume of Orient Cement is 2907037

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	298.55	289.50	300.00	288.75	0.564 times
13 Fri Sep 2024	287.50	298.80	300.90	286.00	0.731 times
12 Thu Sep 2024	295.60	295.60	299.40	283.50	1.092 times
11 Wed Sep 2024	291.55	300.95	307.80	288.75	0.563 times
10 Tue Sep 2024	300.50	302.10	306.35	297.00	0.351 times
09 Mon Sep 2024	301.00	307.00	307.00	297.45	0.34 times
06 Fri Sep 2024	308.20	317.80	321.80	307.00	0.712 times
05 Thu Sep 2024	317.60	311.95	321.80	308.00	1.731 times
04 Wed Sep 2024	308.20	304.90	316.60	303.05	0.839 times
03 Tue Sep 2024	307.85	301.00	313.95	295.20	3.25 times

My analysis of stock is bearish for shortterm, and stock might move down till 290.8 or till 273.2. Use a stoploss of 305.5 and if the stock hits stoploss, then it can shoot up till 320.19

Share price targets for Orient Cement (ORIENTCEM)

Target Type	Value
Downside Target	182.00
Downside Target	205.25
Downside Target	233.60
Downside Target	267.40
Downside Target	277.50
Downside Target	283.50
Upside Target	300.00
Upside Target	307.80
Upside Target	321.80
Upside Target	325.10
Upside Target	332.15
Upside Target	344.75
Upside Target	363.50
Upside Target	369.60

Intraday share price targets for Orient Cement (ORIENTCEM)

Target Type	Value
Downside Intraday Target	291.53
Downside Intraday Target	284.52
Upside Intraday Target	302.78
Upside Intraday Target	307.02
Downside Intraday Target	295.77

Weekly technical analysis of Orient Cement (ORIENTCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	298.55	289.50	300.00	288.75	0.183 times
13 Fri Sep 2024	287.50	307.00	307.80	283.50	0.444 times
06 Fri Sep 2024	308.20	305.30	321.80	290.65	1.607 times
30 Fri Aug 2024	305.30	331.95	332.15	277.50	2.228 times
23 Fri Aug 2024	331.35	344.25	344.75	325.10	0.503 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
16 Mon Sep 2024	298.55	305.30	321.80	283.50	0.523 times
30 Fri Aug 2024	305.30	351.00	369.60	277.50	0.604 times
31 Wed Jul 2024	349.25	277.40	363.50	267.40	2.459 times
28 Fri Jun 2024	275.25	212.00	285.37	182.00	3.411 times

Scroll below to view daily charts

Price has moved down 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 304.89 and Orient Cement (ORIENTCEM) 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 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.