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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 2024-09-11 View latest technical analysis

10 day averaged volume of Orient Electric is 319173

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	260.90	267.30	267.95	259.15	0.334 times
10 Tue Sep 2024	265.90	267.10	269.80	264.95	0.773 times
09 Mon Sep 2024	265.85	259.85	267.70	252.25	1.216 times
06 Fri Sep 2024	260.75	261.60	267.50	258.35	0.714 times
05 Thu Sep 2024	260.65	262.90	262.90	260.20	0.652 times
04 Wed Sep 2024	261.45	266.20	270.00	259.25	1.091 times
03 Tue Sep 2024	266.25	263.10	268.25	262.30	0.33 times
02 Mon Sep 2024	263.10	268.95	268.95	262.30	0.318 times
30 Fri Aug 2024	268.30	270.20	272.30	264.00	0.989 times
29 Thu Aug 2024	268.85	269.95	275.00	268.00	1.495 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 262.3, but if it comes above 262.3, then a intra day buy could be more profitable.
If you take a sell trade below 262.3, then use 262.3 as stoploss and 257.7 as target. However if you take a buy trade in stock , then use 262.3 as stoploss and 266.13 as target.

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	252.17
Downside Intraday Target	243.43
Upside Intraday Target	269.72
Upside Intraday Target	278.53
Upside Intraday Target	260.98

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	260.90	259.85	269.80	252.25	0.749 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
11 Wed Sep 2024	260.90	268.95	270.00	252.25	0.206 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a SELL signal for Orient Electric in short term and the sell 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 stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 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 264.93 and Orient Electric (ORIENTELEC) stock is trading below this level. This means that stock is falling with high volumes. 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.