Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Orient Electric trades in NSE in REAL_ESTATE_INVESTMENT_TRUST sector.

10 day averaged volume of Orient Electric is 445669

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	210.30	209.50	213.45	208.05	0.549 times
16 Tue Apr 2024	208.30	209.00	211.05	207.45	0.251 times
15 Mon Apr 2024	210.10	207.20	211.00	206.55	0.598 times
12 Fri Apr 2024	211.05	210.00	215.35	210.00	0.731 times
10 Wed Apr 2024	211.15	208.65	213.00	206.95	0.863 times
09 Tue Apr 2024	208.15	213.00	214.00	207.20	1.416 times
08 Mon Apr 2024	212.65	216.00	216.00	211.05	0.587 times
05 Fri Apr 2024	211.90	212.50	213.60	209.60	0.483 times
04 Thu Apr 2024	212.50	213.95	214.95	210.15	0.486 times
03 Wed Apr 2024	213.30	216.00	216.50	212.25	0.851 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 212.4 as stoploss in an intra day sell trade for a target of 204.1. However, stock will show a bullish move above 212.4.

Share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Target	189.00
Downside Target	199.00
Downside Target	206.55
Upside Target	213.45
Upside Target	215.15
Upside Target	216.00
Upside Target	217.45
Upside Target	227.60
Upside Target	236.95
Upside Target	246.00

Intraday share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Intraday Target	206.75
Downside Intraday Target	203.2
Upside Intraday Target	213.65
Upside Intraday Target	217
Downside Intraday Target	210.1

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	210.30	207.20	213.45	206.55	0.388 times
12 Fri Apr 2024	211.05	216.00	216.00	206.95	0.591 times
05 Fri Apr 2024	211.90	194.55	217.45	193.95	2.079 times
28 Thu Mar 2024	193.10	196.20	199.00	191.55	1.363 times
22 Fri Mar 2024	196.40	197.65	200.60	192.45	0.771 times

Price has moved down 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 Electric (ORIENTELEC)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	210.30	194.55	217.45	193.95	0.838 times
28 Thu Mar 2024	193.10	208.70	213.45	191.55	0.439 times
29 Thu Feb 2024	208.70	210.10	227.60	189.00	1.243 times
31 Wed Jan 2024	209.05	228.10	236.95	207.85	0.686 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 Electric (ORIENTELEC)

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

MACD generated a BUY signal for Orient Electric 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 Electric 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. 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 moving up

CCI has generated a buy signal for Orient Electric in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Electric is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 210.8 and Orient Electric (ORIENTELEC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Orient Electric Stock has given negative 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.