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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 2024-10-22 View latest technical analysis

10 day averaged volume of Orient Cement is 3307399

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	343.60	353.40	379.00	341.00	7.065 times
21 Mon Oct 2024	352.45	331.40	355.50	326.35	2.268 times
18 Fri Oct 2024	331.75	339.00	348.05	330.05	1.36 times
17 Thu Oct 2024	342.60	339.35	346.90	328.65	2.711 times
16 Wed Oct 2024	328.65	300.85	334.75	297.35	2.342 times
15 Tue Oct 2024	300.85	293.00	305.80	286.00	0.296 times
14 Mon Oct 2024	292.85	296.45	297.20	291.60	0.13 times
11 Fri Oct 2024	295.75	293.55	304.80	292.55	0.19 times
10 Thu Oct 2024	294.70	299.45	301.85	288.20	0.169 times
09 Wed Oct 2024	298.20	297.75	308.30	295.00	0.256 times

Stock of Orient Cement (ORIENTCEM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 327.5, but if it comes below 327.5, then a intra day sell could be more profitable.
If you take a sell trade below 327.5, then use 327.5 as stoploss and 305.38 as target. However if you take a buy trade in stock , then use 327.5 as stoploss and 354 as target.

Share price targets for Orient Cement (ORIENTCEM)

Target Type	Value
Downside Target	182.00
Downside Target	267.40
Downside Target	292.95
Downside Target	308.30
Downside Target	315.90
Downside Target	321.80
Downside Target	326.35
Upside Target	348.05
Upside Target	363.50
Upside Target	369.60
Upside Target	379.00

Intraday share price targets for Orient Cement (ORIENTCEM)

Target Type	Value
Downside Intraday Target	320.3
Downside Intraday Target	297
Upside Intraday Target	372.95
Upside Intraday Target	402.3
Upside Intraday Target	349.65

Weekly technical analysis of Orient Cement (ORIENTCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	343.60	331.40	379.00	326.35	1.365 times
18 Fri Oct 2024	331.75	296.45	348.05	286.00	5.058 times
11 Fri Oct 2024	295.75	302.45	308.30	282.05	0.462 times
04 Fri Oct 2024	302.35	278.35	315.90	275.00	1.854 times
27 Fri Sep 2024	278.35	290.00	292.95	271.00	0.944 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
22 Tue Oct 2024	343.60	291.70	379.00	282.05	1.605 times
30 Mon Sep 2024	290.40	305.30	321.80	271.00	0.703 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 BUY. Signal strength is Strong 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 green color and prices are above the green cloud Prices appear to be coming down

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 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 338.71 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.