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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 2024-08-20 View latest technical analysis

10 day averaged volume of Orient Electric is 359943

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	269.20	267.60	271.15	263.20	0.401 times
19 Mon Aug 2024	267.45	270.15	273.20	266.50	0.322 times
16 Fri Aug 2024	269.90	264.25	278.80	264.25	1.006 times
14 Wed Aug 2024	264.25	264.10	264.95	258.00	0.353 times
13 Tue Aug 2024	264.70	274.20	274.25	262.10	0.345 times
12 Mon Aug 2024	275.40	267.95	277.95	265.95	0.757 times
09 Fri Aug 2024	270.80	276.70	284.00	268.05	2.278 times
08 Thu Aug 2024	272.00	259.05	275.95	259.05	1.991 times
07 Wed Aug 2024	260.90	257.95	261.90	255.00	0.644 times
06 Tue Aug 2024	255.00	259.25	265.55	253.10	0.609 times

My analysis of stock is bearish for shortterm, and stock might move down till 263.1 or till 253.1. Use a stoploss of 271.37 and if the stock hits stoploss, then it can shoot up till 279.69

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	253.10
Downside Target	263.20
Upside Target	272.30
Upside Target	278.70
Upside Target	281.20
Upside Target	284.00
Upside Target	292.30
Upside Target	297.10

Intraday share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Intraday Target	263.87
Downside Intraday Target	258.53
Upside Intraday Target	273.87
Upside Intraday Target	278.53
Downside Intraday Target	268.53

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	269.20	270.15	273.20	263.20	0.294 times
16 Fri Aug 2024	269.90	267.95	278.80	258.00	0.341 times
09 Fri Aug 2024	270.80	268.80	284.00	253.10	0.695 times
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

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
20 Tue Aug 2024	269.20	291.00	292.30	253.10	0.481 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 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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

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 268.83 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 negative.

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