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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 2024-10-04 View latest technical analysis

10 day averaged volume of Orient Electric is 243604

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	240.11	239.10	241.68	234.27	0.462 times
03 Thu Oct 2024	240.51	241.49	243.85	233.00	1.076 times
01 Tue Oct 2024	241.46	241.00	244.70	240.15	0.606 times
30 Mon Sep 2024	240.40	239.50	241.95	235.50	0.579 times
27 Fri Sep 2024	239.20	242.50	244.20	235.80	0.94 times
26 Thu Sep 2024	241.85	245.10	246.20	241.00	0.435 times
25 Wed Sep 2024	244.85	249.75	249.75	239.00	2.338 times
24 Tue Sep 2024	247.30	253.95	253.95	245.25	0.752 times
23 Mon Sep 2024	253.45	250.40	254.50	248.15	1.212 times
20 Fri Sep 2024	247.90	250.95	252.70	246.95	0.525 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 241.9, but if it comes above 241.9, then a intra day buy could be more profitable.
If you take a sell trade below 241.9, then use 241.9 as stoploss and 231.9 as target. However if you take a buy trade in stock , then use 241.9 as stoploss and 250.28 as target.

Share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Target	216.40
Downside Target	233.00
Upside Target	242.00
Upside Target	252.25
Upside Target	258.35
Upside Target	259.00
Upside Target	269.80
Upside Target	270.00
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	233.84
Downside Intraday Target	227.57
Upside Intraday Target	245.54
Upside Intraday Target	250.97
Downside Intraday Target	239.27

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	240.11	239.50	244.70	233.00	0.48 times
27 Fri Sep 2024	239.20	250.40	254.50	235.80	1.253 times
20 Fri Sep 2024	247.90	256.45	259.00	242.00	0.822 times
13 Fri Sep 2024	255.60	259.85	269.80	252.25	1.356 times
06 Fri Sep 2024	260.75	268.95	270.00	258.35	0.431 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
04 Fri Oct 2024	240.11	241.00	244.70	233.00	0.105 times
30 Mon Sep 2024	240.40	268.95	270.00	235.50	0.589 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

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 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 Strong 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. Bears are weakening, and bulls are picking up momentum!

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 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 244.37 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.