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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 2024-08-02 View latest technical analysis

10 day averaged volume of Orient Electric is 618718

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	274.30	280.65	280.95	272.30	0.904 times
01 Thu Aug 2024	285.00	291.00	292.30	276.85	1.5 times
31 Wed Jul 2024	290.90	283.00	297.10	279.05	1.856 times
30 Tue Jul 2024	282.05	275.80	283.35	275.50	0.813 times
29 Mon Jul 2024	275.80	277.35	283.15	274.10	0.971 times
26 Fri Jul 2024	273.65	272.00	275.50	270.85	0.954 times
25 Thu Jul 2024	271.90	273.40	276.90	269.05	0.707 times
24 Wed Jul 2024	275.00	269.45	278.70	266.05	0.625 times
23 Tue Jul 2024	269.75	271.00	271.25	259.00	0.54 times
22 Mon Jul 2024	270.00	266.20	270.60	257.75	0.485 times

My analysis of stock is bullish for shortterm, and stock might move up till 278.9 or till 288. Use a stoploss of 271.36 and if this stock hits its stoploss, then it can fall down till 263.79

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
Upside Target	278.70
Upside 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	265.37
Downside Intraday Target	256.43
Upside Intraday Target	290.17
Upside Intraday Target	306.03
Upside Intraday Target	281.23

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	274.30	277.35	297.10	272.30	1.825 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
02 Fri Aug 2024	274.30	291.00	292.30	272.30	0.137 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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.

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 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 and selling is picking up 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 279.45 and Orient Electric (ORIENTELEC) stock is trading below this level. This means that stock is falling with high volumes. 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.