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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 2024-08-28 View latest technical analysis

10 day averaged volume of Orient Electric is 250331

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	268.25	261.60	274.90	260.05	3.089 times
27 Tue Aug 2024	260.25	266.00	266.90	259.10	1.47 times
26 Mon Aug 2024	265.90	270.10	272.05	263.40	1.462 times
23 Fri Aug 2024	270.90	272.90	276.65	268.35	0.836 times
22 Thu Aug 2024	271.80	275.20	278.75	269.10	0.73 times
21 Wed Aug 2024	272.70	270.15	279.25	269.05	2.013 times
20 Tue Aug 2024	269.20	267.60	271.15	263.20	0.576 times
19 Mon Aug 2024	267.45	270.15	273.20	266.50	0.464 times
16 Fri Aug 2024	269.90	264.25	278.80	264.25	1.446 times
14 Wed Aug 2024	264.25	264.10	264.95	258.00	0.508 times

Stock of Orient Electric (ORIENTELEC) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 261.3 or till 251.6. Use a stoploss of 269.46 and if the stock hits stoploss, then it can shoot up till 277.59

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
Upside Target	272.30
Upside Target	279.25
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	259.93
Downside Intraday Target	251.62
Upside Intraday Target	275.73
Upside Intraday Target	283.22
Downside Intraday Target	267.42

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	268.25	270.10	274.90	259.10	1.304 times
23 Fri Aug 2024	270.90	270.15	279.25	263.20	1.306 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

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
28 Wed Aug 2024	268.25	291.00	292.30	253.10	0.702 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

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 gaining 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. Bears are getting stronger in this stock.

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

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

RSI is generating a BUY signal in short term and the buying is gaining 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 268.18 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.