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(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 2024-05-27 View latest technical analysis

10 day averaged volume of Orient Electric is 455585

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	223.35	231.35	236.70	221.00	1.824 times
24 Fri May 2024	229.40	220.05	233.50	219.00	2.578 times
23 Thu May 2024	220.35	218.85	222.45	216.05	1.572 times
22 Wed May 2024	216.50	222.30	223.70	214.75	0.683 times
21 Tue May 2024	221.50	228.40	228.40	220.65	0.708 times
18 Sat May 2024	228.40	229.00	230.00	224.15	0.153 times
17 Fri May 2024	228.20	215.25	229.75	215.25	2.374 times
16 Thu May 2024	214.70	216.85	217.40	213.35	0.281 times
15 Wed May 2024	215.75	214.00	216.90	212.00	0.421 times
14 Tue May 2024	211.65	210.80	213.20	208.65	0.468 times

My analysis of stock is bullish for shortterm, and stock might move up till 227.5 or till 235.6. Use a stoploss of 220.77 and if this stock hits its stoploss, then it can fall down till 214.04

Share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Target	189.00
Downside Target	205.95
Downside Target	213.45
Upside Target	227.60
Upside Target	230.00
Upside Target	232.00
Upside Target	233.50
Upside Target	233.60
Upside Target	236.70
Upside Target	236.95

Intraday share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Intraday Target	217.33
Downside Intraday Target	211.32
Upside Intraday Target	233.03
Upside Intraday Target	242.72
Upside Intraday Target	227.02

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	223.35	231.35	236.70	221.00	0.329 times
24 Fri May 2024	229.40	228.40	233.50	214.75	1.243 times
18 Sat May 2024	228.40	209.40	230.00	205.95	0.529 times
10 Fri May 2024	208.75	231.15	233.60	208.05	1.432 times
03 Fri May 2024	229.50	219.40	232.00	217.40	1.046 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
27 Mon May 2024	223.35	219.45	236.70	205.95	1.392 times
30 Tue Apr 2024	218.45	194.55	223.00	193.95	1.385 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Orient Electric ( (ORIENTELEC) ) based on a mid to longer 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.

ADX buy sell signal for Orient Electric stock for short term is BUY. Signal strength is Strong 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 stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 223.9 and Orient Electric (ORIENTELEC) 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 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.