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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 2024-08-01 View latest technical analysis

10 day averaged volume of Orient Electric is 549681

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	285.00	291.00	292.30	276.85	1.689 times
31 Wed Jul 2024	290.90	283.00	297.10	279.05	2.09 times
30 Tue Jul 2024	282.05	275.80	283.35	275.50	0.915 times
29 Mon Jul 2024	275.80	277.35	283.15	274.10	1.093 times
26 Fri Jul 2024	273.65	272.00	275.50	270.85	1.073 times
25 Thu Jul 2024	271.90	273.40	276.90	269.05	0.796 times
24 Wed Jul 2024	275.00	269.45	278.70	266.05	0.704 times
23 Tue Jul 2024	269.75	271.00	271.25	259.00	0.608 times
22 Mon Jul 2024	270.00	266.20	270.60	257.75	0.546 times
19 Fri Jul 2024	268.70	264.00	271.55	259.90	1.743 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 288.2, for a target of 279 or 271.43

Share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Target	193.95
Downside Target	205.95
Downside Target	216.40
Downside Target	223.00
Downside Target	239.00
Downside Target	257.75
Downside Target	267.35
Downside Target	278.70
Downside Target	281.20
Upside Target	287.05
Upside Target	292.30
Upside Target	297.10

Intraday share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Intraday Target	273.7
Downside Intraday Target	262.4
Upside Intraday Target	296.7
Upside Intraday Target	308.4
Upside Intraday Target	285.4

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	285.00	277.35	297.10	274.10	1.552 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, 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
01 Thu Aug 2024	285.00	291.00	292.30	276.85	0.085 times
31 Wed Jul 2024	290.90	270.25	297.10	257.75	0.667 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

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 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Orient Electric in short term and the buy signal is strong.

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 coming down

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

RSI is generating a BUY signal in short term but buying is losing 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 278.25 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.