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 2024-04-09 View latest technical analysis

10 day averaged volume of Orient Electric is 442583

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	208.15	213.00	214.00	207.20	1.426 times
08 Mon Apr 2024	212.65	216.00	216.00	211.05	0.591 times
05 Fri Apr 2024	211.90	212.50	213.60	209.60	0.486 times
04 Thu Apr 2024	212.50	213.95	214.95	210.15	0.489 times
03 Wed Apr 2024	213.30	216.00	216.50	212.25	0.857 times
02 Tue Apr 2024	215.70	198.20	217.45	198.20	3.76 times
01 Mon Apr 2024	198.55	194.55	199.40	193.95	0.537 times
28 Thu Mar 2024	193.10	195.00	196.20	192.15	0.497 times
27 Wed Mar 2024	193.35	194.70	199.00	191.55	1.824 times
26 Tue Mar 2024	194.75	196.20	196.95	194.00	0.627 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 209.5 as stoploss in an intra day sell trade for a target of 201.77. However, stock will show a bullish move above 209.5.

Share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Target	189.00
Downside Target	199.00
Downside Target	207.20
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	204.9
Downside Intraday Target	201.65
Upside Intraday Target	213.7
Upside Intraday Target	219.25
Upside Intraday Target	210.45

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	208.15	216.00	216.00	207.20	0.329 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
15 Fri Mar 2024	198.15	206.00	207.85	192.65	0.571 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
09 Tue Apr 2024	208.15	194.55	217.45	193.95	0.612 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak and stock is losing 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 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 below 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 207.37 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 negative.

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