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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 2024-07-11 View latest technical analysis

10 day averaged volume of Orient Electric is 593515

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	263.90	263.00	265.55	259.15	0.471 times
10 Wed Jul 2024	259.85	272.25	273.90	258.25	0.915 times
09 Tue Jul 2024	271.05	267.70	278.70	267.65	0.823 times
08 Mon Jul 2024	266.35	272.25	275.85	265.10	0.421 times
05 Fri Jul 2024	270.60	275.45	277.90	269.50	0.519 times
04 Thu Jul 2024	275.70	279.00	281.15	274.10	1.345 times
03 Wed Jul 2024	279.45	274.00	283.65	272.35	0.634 times
02 Tue Jul 2024	274.25	283.05	283.80	272.75	0.725 times
01 Mon Jul 2024	283.05	270.25	287.05	267.35	1.191 times
28 Fri Jun 2024	270.28	278.00	279.45	268.04	0.974 times

My analysis of stock is bullish for shortterm, and stock might move up till 275.2 or till 289.6. Use a stoploss of 263.23 and if this stock hits its stoploss, then it can fall down till 251.25

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	255.2
Downside Intraday Target	246.5
Upside Intraday Target	275.65
Upside Intraday Target	287.4
Upside Intraday Target	266.95

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	263.90	272.25	278.70	258.25	0.596 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
11 Thu Jul 2024	263.90	270.25	287.05	258.25	0.256 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

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

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 272.5 and Orient Electric (ORIENTELEC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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.