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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 2024-09-09 View latest technical analysis

10 day averaged volume of Orient Electric is 329095

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	265.85	259.85	267.70	252.25	1.18 times
06 Fri Sep 2024	260.75	261.60	267.50	258.35	0.692 times
05 Thu Sep 2024	260.65	262.90	262.90	260.20	0.633 times
04 Wed Sep 2024	261.45	266.20	270.00	259.25	1.058 times
03 Tue Sep 2024	266.25	263.10	268.25	262.30	0.32 times
02 Mon Sep 2024	263.10	268.95	268.95	262.30	0.308 times
30 Fri Aug 2024	268.30	270.20	272.30	264.00	0.959 times
29 Thu Aug 2024	268.85	269.95	275.00	268.00	1.45 times
28 Wed Aug 2024	268.25	261.60	274.90	260.05	2.35 times
27 Tue Aug 2024	260.25	266.00	266.90	259.10	1.118 times

My analysis of stock is bearish for shortterm, and stock might move down till 262.6 or till 257.6. Use a stoploss of 266.8 and if the stock hits stoploss, then it can shoot up till 270.97

Share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Target	205.95
Downside Target	216.40
Downside Target	239.00
Downside Target	252.25
Upside Target	270.00
Upside Target	275.00
Upside Target	278.80
Upside Target	279.25
Upside Target	281.20
Upside Target	292.30
Upside Target	297.10

Intraday share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Intraday Target	256.17
Downside Intraday Target	246.48
Upside Intraday Target	271.62
Upside Intraday Target	277.38
Downside Intraday Target	261.93

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	265.85	259.85	267.70	252.25	0.392 times
06 Fri Sep 2024	260.75	268.95	270.00	258.35	0.431 times
30 Fri Aug 2024	268.30	270.10	275.00	259.10	1.99 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

Price has moved up 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
09 Mon Sep 2024	265.85	268.95	270.00	252.25	0.164 times
30 Fri Aug 2024	268.30	291.00	292.30	253.10	0.775 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

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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

MACD generated a SELL signal for Orient Electric in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Orient Electric in short term and SELL signal is strong!

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 265.24 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 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.