Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-04 View latest technical analysis

10 day averaged volume of Orient Electric is 180866

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	238.20	237.75	239.99	234.41	0.899 times
03 Tue Dec 2024	237.18	229.55	239.80	229.07	0.946 times
02 Mon Dec 2024	229.14	234.47	236.83	228.00	1.182 times
29 Fri Nov 2024	234.47	234.00	237.57	232.90	1.327 times
28 Thu Nov 2024	235.79	234.65	237.46	231.30	1.046 times
27 Wed Nov 2024	234.07	239.39	239.39	232.15	1.169 times
26 Tue Nov 2024	239.39	230.40	249.23	228.10	2.011 times
25 Mon Nov 2024	229.23	229.90	233.09	225.82	0.593 times
22 Fri Nov 2024	226.34	225.95	228.38	222.52	0.539 times
21 Thu Nov 2024	224.81	226.81	229.19	222.10	0.767 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 240 as stoploss in an intra day sell trade for a target of 233.7. However, stock will show a bullish move above 240.

Share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Target	204.70
Downside Target	221.61
Upside Target	239.99
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	230.8
Downside Intraday Target	223.41
Upside Intraday Target	242.79
Upside Intraday Target	247.39
Downside Intraday Target	235.4

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	238.20	234.47	239.99	228.00	0.493 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 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 Wed Dec 2024	238.20	234.47	239.99	228.00	0.178 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 up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Orient Electric ( (ORIENTELEC) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Orient Electric in short term and BUY signal is strong.

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 234.04 and Orient Electric (ORIENTELEC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.