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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 2024-07-10 View latest technical analysis

10 day averaged volume of Orient Electric is 688642

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	259.85	272.25	273.90	258.25	0.789 times
09 Tue Jul 2024	271.05	267.70	278.70	267.65	0.709 times
08 Mon Jul 2024	266.35	272.25	275.85	265.10	0.363 times
05 Fri Jul 2024	270.60	275.45	277.90	269.50	0.448 times
04 Thu Jul 2024	275.70	279.00	281.15	274.10	1.159 times
03 Wed Jul 2024	279.45	274.00	283.65	272.35	0.546 times
02 Tue Jul 2024	274.25	283.05	283.80	272.75	0.625 times
01 Mon Jul 2024	283.05	270.25	287.05	267.35	1.026 times
28 Fri Jun 2024	270.28	278.00	279.45	268.04	0.839 times
27 Thu Jun 2024	277.65	266.95	281.20	265.51	2.115 times

My analysis of stock is bearish for shortterm, and stock might move down till 249.3 or till 233.9. Use a stoploss of 262.15 and if the stock hits stoploss, then it can shoot up till 274.97

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
Upside 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	252.5
Downside Intraday Target	245.15
Upside Intraday Target	272.95
Upside Intraday Target	286.05
Upside Intraday Target	265.6

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	259.85	272.25	278.70	258.25	0.489 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 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
10 Wed Jul 2024	259.85	270.25	287.05	258.25	0.239 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 down 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 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 Weak and stock is losing 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 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 and selling is picking up 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 274.17 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 has given negative 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.