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.

Showing technical analysis as on 2024-04-04 View latest technical analysis

10 day averaged volume of Orient Electric is 423170

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	212.50	213.95	214.95	210.15	0.512 times
03 Wed Apr 2024	213.30	216.00	216.50	212.25	0.896 times
02 Tue Apr 2024	215.70	198.20	217.45	198.20	3.933 times
01 Mon Apr 2024	198.55	194.55	199.40	193.95	0.562 times
28 Thu Mar 2024	193.10	195.00	196.20	192.15	0.52 times
27 Wed Mar 2024	193.35	194.70	199.00	191.55	1.907 times
26 Tue Mar 2024	194.75	196.20	196.95	194.00	0.656 times
22 Fri Mar 2024	196.40	197.00	199.45	194.90	0.347 times
21 Thu Mar 2024	197.40	195.90	198.90	195.90	0.297 times
20 Wed Mar 2024	195.05	193.85	195.80	192.90	0.506 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 208.6, but if it comes below 208.6, then a intra day sell could be more profitable.
If you take a sell trade below 208.6, then use 208.6 as stoploss and 201.32 as target. However if you take a buy trade in stock , then use 208.6 as stoploss and 217.4 as target.

Share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Target	189.00
Downside Target	199.00
Downside Target	207.85
Upside Target	213.45
Upside Target	215.15
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	198.48
Downside Intraday Target	184.47
Upside Intraday Target	221.98
Upside Intraday Target	231.47
Downside Intraday Target	207.97

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	212.50	194.55	217.45	193.95	1.915 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
15 Fri Mar 2024	198.15	206.00	207.85	192.65	0.571 times
07 Thu Mar 2024	205.20	210.00	213.45	203.30	1.481 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Orient Electric (ORIENTELEC)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	212.50	194.55	217.45	193.95	0.424 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 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Orient Electric in short term but the buy signal is initial and weak.

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

Orient Electric Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

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

Stock of Orient Electric is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 205.43 and Orient Electric (ORIENTELEC) 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 Electric (ORIENTELEC) stock. Volume based technical analysis of Orient Electric (ORIENTELEC) stock is negative.

Orient Electric 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.