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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 2024-07-29 View latest technical analysis

10 day averaged volume of Orient Electric is 444248

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	275.80	277.35	283.15	274.10	1.352 times
26 Fri Jul 2024	273.65	272.00	275.50	270.85	1.328 times
25 Thu Jul 2024	271.90	273.40	276.90	269.05	0.985 times
24 Wed Jul 2024	275.00	269.45	278.70	266.05	0.871 times
23 Tue Jul 2024	269.75	271.00	271.25	259.00	0.752 times
22 Mon Jul 2024	270.00	266.20	270.60	257.75	0.676 times
19 Fri Jul 2024	268.70	264.00	271.55	259.90	2.156 times
18 Thu Jul 2024	264.90	266.30	267.60	261.30	0.536 times
16 Tue Jul 2024	266.30	262.95	267.95	261.90	1.457 times
15 Mon Jul 2024	262.05	267.90	267.90	260.95	0.391 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 276.1 as stoploss in an intra day sell trade for a target of 270.37. However, stock will show a bullish move above 276.1.

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	257.75
Downside Target	267.35
Upside Target	278.70
Upside Target	281.20
Upside Target	283.15
Upside Target	287.05

Intraday share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Intraday Target	272.22
Downside Intraday Target	268.63
Upside Intraday Target	281.27
Upside Intraday Target	286.73
Upside Intraday Target	277.68

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	275.80	277.35	283.15	274.10	0.293 times
26 Fri Jul 2024	273.65	266.20	278.70	257.75	1.016 times
19 Fri Jul 2024	268.70	267.90	271.55	259.90	1.04 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

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
29 Mon Jul 2024	275.80	270.25	287.05	257.75	0.566 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

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 moving up

CCI has generated a buy signal for Orient Electric in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 270.45 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.