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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 2024-12-09 View latest technical analysis

10 day averaged volume of Orient Electric is 183161

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	246.67	241.90	247.87	239.86	0.869 times
06 Fri Dec 2024	241.28	237.19	243.50	234.75	0.573 times
05 Thu Dec 2024	236.16	238.21	241.65	235.00	0.368 times
04 Wed Dec 2024	238.20	237.75	239.99	234.41	0.888 times
03 Tue Dec 2024	237.18	229.55	239.80	229.07	0.934 times
02 Mon Dec 2024	229.14	234.47	236.83	228.00	1.167 times
29 Fri Nov 2024	234.47	234.00	237.57	232.90	1.311 times
28 Thu Nov 2024	235.79	234.65	237.46	231.30	1.033 times
27 Wed Nov 2024	234.07	239.39	239.39	232.15	1.154 times
26 Tue Nov 2024	239.39	230.40	249.23	228.10	1.986 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 248.2, for a target of 240.3 or 233.79

Share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Target	204.70
Downside Target	221.61
Downside Target	243.90
Upside Target	247.87
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	241.73
Downside Intraday Target	236.79
Upside Intraday Target	249.74
Upside Intraday Target	252.81
Downside Intraday Target	244.8

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	246.67	241.90	247.87	239.86	0.221 times
06 Fri Dec 2024	241.28	234.47	243.50	228.00	0.648 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

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
09 Mon Dec 2024	246.67	234.47	247.87	228.00	0.285 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 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 gaining momentum.

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

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 236.94 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.