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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 2024-10-22 View latest technical analysis

10 day averaged volume of Orient Electric is 176203

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	218.36	225.20	227.01	217.39	0.651 times
21 Mon Oct 2024	225.68	230.75	232.87	224.00	0.918 times
18 Fri Oct 2024	230.61	233.25	234.85	223.20	1.881 times
17 Thu Oct 2024	233.17	235.45	236.25	232.03	0.601 times
16 Wed Oct 2024	235.44	238.65	241.35	233.90	0.946 times
15 Tue Oct 2024	238.65	235.21	241.70	233.57	1.392 times
14 Mon Oct 2024	235.21	236.50	238.09	231.50	0.704 times
11 Fri Oct 2024	236.46	233.11	238.69	231.81	0.424 times
10 Thu Oct 2024	233.11	236.13	237.25	231.16	0.996 times
09 Wed Oct 2024	236.13	231.15	237.50	231.15	0.553 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 221.8, for a target of 229.6 or 236.09

Share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Target	216.40
Upside Target	223.20
Upside Target	228.83
Upside Target	241.10
Upside Target	244.70
Upside Target	253.10
Upside Target	254.50
Upside Target	257.75
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	212.88
Downside Intraday Target	207.39
Upside Intraday Target	228.36
Upside Intraday Target	238.35
Upside Intraday Target	222.87

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	218.36	230.75	232.87	217.39	0.284 times
18 Fri Oct 2024	230.61	236.50	241.70	223.20	1.084 times
11 Fri Oct 2024	236.46	240.20	241.10	228.83	1.354 times
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

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
22 Tue Oct 2024	218.36	241.00	244.70	217.39	0.538 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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

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 232.38 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.