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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 2024-09-10 View latest technical analysis

10 day averaged volume of Orient Electric is 331304

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	265.90	267.10	269.80	264.95	0.745 times
09 Mon Sep 2024	265.85	259.85	267.70	252.25	1.172 times
06 Fri Sep 2024	260.75	261.60	267.50	258.35	0.687 times
05 Thu Sep 2024	260.65	262.90	262.90	260.20	0.628 times
04 Wed Sep 2024	261.45	266.20	270.00	259.25	1.051 times
03 Tue Sep 2024	266.25	263.10	268.25	262.30	0.318 times
02 Mon Sep 2024	263.10	268.95	268.95	262.30	0.306 times
30 Fri Aug 2024	268.30	270.20	272.30	264.00	0.953 times
29 Thu Aug 2024	268.85	269.95	275.00	268.00	1.441 times
28 Wed Aug 2024	268.25	261.60	274.90	260.05	2.334 times

My analysis of stock is bearish for shortterm, and stock might move down till 262.6 or till 258.2. Use a stoploss of 266.32 and if the stock hits stoploss, then it can shoot up till 269.99

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	269.80
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	255.5
Downside Intraday Target	245.1
Upside Intraday Target	273.05
Upside Intraday Target	280.2
Downside Intraday Target	262.65

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	265.90	259.85	269.80	252.25	0.641 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
10 Tue Sep 2024	265.90	268.95	270.00	252.25	0.193 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 buy signal for Orient Electric in short term and BUY signal is strong.

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

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 265.87 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.