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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 2024-12-02 View latest technical analysis

10 day averaged volume of Orient Electric is 157340

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	229.14	234.47	236.83	228.00	1.359 times
29 Fri Nov 2024	234.47	234.00	237.57	232.90	1.526 times
28 Thu Nov 2024	235.79	234.65	237.46	231.30	1.202 times
27 Wed Nov 2024	234.07	239.39	239.39	232.15	1.344 times
26 Tue Nov 2024	239.39	230.40	249.23	228.10	2.312 times
25 Mon Nov 2024	229.23	229.90	233.09	225.82	0.682 times
22 Fri Nov 2024	226.34	225.95	228.38	222.52	0.619 times
21 Thu Nov 2024	224.81	226.81	229.19	222.10	0.882 times
19 Tue Nov 2024	226.81	225.30	230.90	221.79	0.482 times
18 Mon Nov 2024	225.30	227.05	230.00	221.61	0.391 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 227.2 as stoploss in an intra day buy trade for a target of 234.53. However, stock will show a bearish move below 227.2.

Share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Target	204.70
Downside Target	221.61
Upside Target	236.83
Upside Target	243.90
Upside Target	247.33
Upside Target	249.23
Upside Target	251.50
Upside Target	253.10
Upside Target	265.00
Upside Target	270.00
Upside Target	292.30

Intraday share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Intraday Target	225.82
Downside Intraday Target	222.49
Upside Intraday Target	234.65
Upside Intraday Target	240.15
Upside Intraday Target	231.32

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	229.14	234.47	236.83	228.00	0.192 times
29 Fri Nov 2024	234.47	229.90	249.23	225.82	2.976 times
22 Fri Nov 2024	226.34	227.05	230.90	221.61	0.903 times
14 Thu Nov 2024	226.34	242.60	243.90	225.00	0.361 times
08 Fri Nov 2024	242.60	247.15	247.33	236.19	0.162 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
02 Mon Dec 2024	229.14	234.47	236.83	228.00	0.069 times
29 Fri Nov 2024	234.47	247.00	251.50	221.61	0.292 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

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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

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 getting stronger in this stock.

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

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 232.69 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 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.