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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 2024-07-02 View latest technical analysis

10 day averaged volume of Orient Electric is 874835

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	274.25	283.05	283.80	272.75	0.492 times
01 Mon Jul 2024	283.05	270.25	287.05	267.35	0.808 times
28 Fri Jun 2024	270.28	278.00	279.45	268.04	0.661 times
27 Thu Jun 2024	277.65	266.95	281.20	265.51	1.665 times
26 Wed Jun 2024	268.58	261.30	272.59	257.12	1.708 times
25 Tue Jun 2024	260.38	256.95	263.20	253.00	0.978 times
24 Mon Jun 2024	256.96	250.00	262.00	247.81	1.135 times
21 Fri Jun 2024	250.92	251.00	255.00	246.15	0.792 times
20 Thu Jun 2024	250.37	248.00	255.25	245.14	0.836 times
19 Wed Jun 2024	248.00	248.28	252.86	241.72	0.793 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 267.4, but if it comes below 267.4, then a intra day sell could be more profitable.
If you take a sell trade below 267.4, then use 267.4 as stoploss and 251.5 as target. However if you take a buy trade in stock , then use 267.4 as stoploss and 286.4 as target.

Share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Target	191.55
Downside Target	205.95
Downside Target	213.45
Downside Target	223.00
Downside Target	235.00
Downside Target	255.25
Downside Target	267.35
Upside Target	281.20
Upside Target	287.05

Intraday share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Intraday Target	265.38
Downside Intraday Target	256.52
Upside Intraday Target	285.08
Upside Intraday Target	295.92
Upside Intraday Target	276.22

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	274.25	270.25	287.05	267.35	0.211 times
28 Fri Jun 2024	270.28	250.00	281.20	247.81	2.019 times
21 Fri Jun 2024	250.92	246.90	255.25	241.72	0.824 times
14 Fri Jun 2024	245.31	237.91	247.50	235.00	0.643 times
07 Fri Jun 2024	238.15	231.50	243.20	216.40	1.164 times

Price has moved up 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
02 Tue Jul 2024	274.25	270.25	287.05	267.35	0.07 times
28 Fri Jun 2024	270.28	231.50	281.20	216.40	1.097 times
31 Fri May 2024	226.95	219.45	239.00	205.95	1.819 times
30 Tue Apr 2024	218.45	194.55	223.00	193.95	1.385 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 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.

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 green color and prices are above 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 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 264.93 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.