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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 2024-07-09 View latest technical analysis

10 day averaged volume of Orient Electric is 725393

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	271.05	267.70	278.70	267.65	0.673 times
08 Mon Jul 2024	266.35	272.25	275.85	265.10	0.344 times
05 Fri Jul 2024	270.60	275.45	277.90	269.50	0.425 times
04 Thu Jul 2024	275.70	279.00	281.15	274.10	1.1 times
03 Wed Jul 2024	279.45	274.00	283.65	272.35	0.519 times
02 Tue Jul 2024	274.25	283.05	283.80	272.75	0.593 times
01 Mon Jul 2024	283.05	270.25	287.05	267.35	0.974 times
28 Fri Jun 2024	270.28	278.00	279.45	268.04	0.797 times
27 Thu Jun 2024	277.65	266.95	281.20	265.51	2.007 times
26 Wed Jun 2024	268.58	261.30	272.59	257.12	2.06 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 274.8 as stoploss in an intra day sell trade for a target of 261.2. However, stock will show a bullish move above 274.8.

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	247.50
Downside Target	255.25
Downside Target	265.10
Downside Target	267.35
Upside Target	278.70
Upside Target	281.20
Upside Target	287.05

Intraday share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Intraday Target	264.53
Downside Intraday Target	258.02
Upside Intraday Target	278.13
Upside Intraday Target	285.22
Upside Intraday Target	271.62

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	271.05	272.25	278.70	265.10	0.282 times
05 Fri Jul 2024	270.60	270.25	287.05	267.35	0.487 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

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
09 Tue Jul 2024	271.05	270.25	287.05	265.10	0.206 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Orient Electric ( (ORIENTELEC) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 gaining momentum.

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

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 above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Orient Electric in short term but BUY 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

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 274.08 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.