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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.

10 day averaged volume of Orient Electric is 118343

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	219.90	220.05	240.00	217.69	4.12 times
28 Tue Jan 2025	222.19	227.60	228.55	213.00	1.087 times
27 Mon Jan 2025	227.49	223.90	229.40	214.42	1.185 times
24 Fri Jan 2025	226.37	225.90	230.99	222.96	1.6 times
23 Thu Jan 2025	225.01	225.10	228.59	222.81	0.811 times
22 Wed Jan 2025	227.74	226.15	230.18	221.12	0.874 times
21 Tue Jan 2025	228.44	230.60	232.60	227.05	0.39 times
20 Mon Jan 2025	232.95	229.51	235.00	227.10	0.53 times
17 Fri Jan 2025	229.51	238.00	238.00	203.30	1.065 times
16 Thu Jan 2025	233.73	228.80	236.72	228.33	1.172 times

Stock of Orient Electric (ORIENTELEC) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 219.4, for a target of 225.6 or 230.83

Share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Target	203.30
Downside Target	213.00
Upside Target	221.12
Upside Target	228.00
Upside Target	240.00
Upside Target	241.25
Upside Target	242.30
Upside Target	246.99
Upside Target	251.50
Upside Target	262.08
Upside Target	265.00
Upside Target	270.00

Intraday share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Intraday Target	208.6
Downside Intraday Target	197.3
Upside Intraday Target	235.6
Upside Intraday Target	251.3
Upside Intraday Target	224.3

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	219.90	223.90	240.00	213.00	1.52 times
24 Fri Jan 2025	226.37	229.51	235.00	221.12	0.599 times
17 Fri Jan 2025	229.51	230.00	238.00	203.30	1.008 times
10 Fri Jan 2025	235.38	239.45	241.25	229.34	1.052 times
03 Fri Jan 2025	238.86	245.99	246.99	231.02	0.706 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Orient Electric (ORIENTELEC)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	219.90	233.01	242.30	203.30	0.701 times
31 Tue Dec 2024	232.93	234.47	262.08	228.00	1.508 times
29 Fri Nov 2024	234.47	247.00	251.50	221.61	0.292 times
31 Thu Oct 2024	247.45	241.00	265.00	204.70	2.125 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

ADX buy sell signal for Orient Electric stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term but selling 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 225.32 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.