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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 2024-11-04 View latest technical analysis

10 day averaged volume of Orient Electric is 819036

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	243.06	247.15	247.15	240.30	0.153 times
01 Fri Nov 2024	248.94	247.00	251.50	245.60	0.046 times
31 Thu Oct 2024	247.45	246.00	249.49	239.90	0.849 times
30 Wed Oct 2024	248.07	245.00	257.00	239.80	1.074 times
29 Tue Oct 2024	245.50	261.80	265.00	239.55	3.803 times
28 Mon Oct 2024	252.28	215.99	252.28	215.99	2.882 times
25 Fri Oct 2024	210.24	213.10	214.69	204.70	0.44 times
24 Thu Oct 2024	213.78	217.00	219.83	212.00	0.401 times
23 Wed Oct 2024	218.27	218.36	220.84	215.60	0.169 times
22 Tue Oct 2024	218.36	225.20	227.01	217.39	0.14 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 245.8 as stoploss in an intra day sell trade for a target of 234.08. However, stock will show a bullish move above 245.8.

Share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Target	204.70
Downside Target	215.99
Downside Target	223.20
Downside Target	228.83
Downside Target	240.30
Upside Target	247.15
Upside Target	253.10
Upside Target	257.75
Upside Target	265.00
Upside Target	270.00
Upside Target	292.30
Upside Target	297.10

Intraday share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Intraday Target	239.86
Downside Intraday Target	236.65
Upside Intraday Target	246.71
Upside Intraday Target	250.35
Upside Intraday Target	243.5

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	243.06	247.15	247.15	240.30	0.018 times
01 Fri Nov 2024	248.94	215.99	265.00	215.99	6.425 times
25 Fri Oct 2024	210.24	230.75	232.87	204.70	1.134 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

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
04 Mon Nov 2024	243.06	247.00	251.50	240.30	0.015 times
31 Thu Oct 2024	247.45	241.00	265.00	204.70	2.125 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

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

Price action analysis of Orient Electric ( (ORIENTELEC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Orient Electric ( (ORIENTELEC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Orient Electric in short term but the buy signal is initial and weak.

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Orient Electric in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 244.21 and Orient Electric (ORIENTELEC) stock is trading below this level. This means that stock is falling with high volumes. 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.