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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 2024-05-30 View latest technical analysis

10 day averaged volume of Orient Electric is 536637

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	222.90	226.40	226.80	219.55	0.334 times
29 Wed May 2024	226.85	224.90	228.65	222.00	0.923 times
28 Tue May 2024	224.20	224.60	226.00	221.50	0.44 times
27 Mon May 2024	223.35	231.35	236.70	221.00	1.548 times
24 Fri May 2024	229.40	220.05	233.50	219.00	2.189 times
23 Thu May 2024	220.35	218.85	222.45	216.05	1.334 times
22 Wed May 2024	216.50	222.30	223.70	214.75	0.58 times
21 Tue May 2024	221.50	228.40	228.40	220.65	0.601 times
18 Sat May 2024	228.40	229.00	230.00	224.15	0.13 times
17 Fri May 2024	228.20	215.25	229.75	215.25	2.016 times

My analysis of stock is bullish for shortterm, and stock might move up till 228.1 or till 236.2. Use a stoploss of 221.28 and if this stock hits its stoploss, then it can fall down till 214.5

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	216.07
Downside Intraday Target	209.23
Upside Intraday Target	233.22
Upside Intraday Target	243.53
Upside Intraday Target	226.38

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	222.90	231.35	236.70	219.55	0.69 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
30 Thu May 2024	222.90	219.45	236.70	205.95	1.504 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, and volume has increased substantially. This means that the move can 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 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 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 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 losing momentum.

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

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. Bears 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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 225.14 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.