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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 2024-07-15 View latest technical analysis

10 day averaged volume of Orient Electric is 455766

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	262.05	267.90	267.90	260.95	0.381 times
12 Fri Jul 2024	265.15	267.40	267.70	263.10	0.827 times
11 Thu Jul 2024	263.90	263.00	265.55	259.15	0.614 times
10 Wed Jul 2024	259.85	272.25	273.90	258.25	1.192 times
09 Tue Jul 2024	271.05	267.70	278.70	267.65	1.072 times
08 Mon Jul 2024	266.35	272.25	275.85	265.10	0.548 times
05 Fri Jul 2024	270.60	275.45	277.90	269.50	0.676 times
04 Thu Jul 2024	275.70	279.00	281.15	274.10	1.751 times
03 Wed Jul 2024	279.45	274.00	283.65	272.35	0.825 times
02 Tue Jul 2024	274.25	283.05	283.80	272.75	0.944 times

My analysis of stock is bearish for shortterm, and stock might move down till 254.7 or till 242.3. Use a stoploss of 265.09 and if the stock hits stoploss, then it can shoot up till 275.45

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	239.00
Downside Target	247.81
Downside Target	255.25
Upside Target	267.35
Upside Target	267.90
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	259.37
Downside Intraday Target	256.68
Upside Intraday Target	266.32
Upside Intraday Target	270.58
Upside Intraday Target	263.63

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	262.05	267.90	267.90	260.95	0.09 times
12 Fri Jul 2024	265.15	272.25	278.70	258.25	0.74 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

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
15 Mon Jul 2024	262.05	270.25	287.05	258.25	0.29 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 neutral. A longer time frame might give a better analysis.

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 weakening, and bulls are picking up momentum!

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

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 269.82 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.