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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 2024-12-16 View latest technical analysis

10 day averaged volume of Orient Electric is 199447

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	250.31	241.44	251.29	240.06	1.296 times
13 Fri Dec 2024	239.48	237.25	249.50	236.50	2.654 times
12 Thu Dec 2024	239.54	253.00	253.00	237.81	1.073 times
11 Wed Dec 2024	249.31	250.28	252.00	245.41	0.475 times
10 Tue Dec 2024	250.28	247.76	252.00	242.15	1.391 times
09 Mon Dec 2024	246.67	241.90	247.87	239.86	0.798 times
06 Fri Dec 2024	241.28	237.19	243.50	234.75	0.526 times
05 Thu Dec 2024	236.16	238.21	241.65	235.00	0.338 times
04 Wed Dec 2024	238.20	237.75	239.99	234.41	0.816 times
03 Tue Dec 2024	237.18	229.55	239.80	229.07	0.858 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 244.7, but if it comes below 244.7, then a intra day sell could be more profitable.
If you take a sell trade below 244.7, then use 244.7 as stoploss and 236.69 as target. However if you take a buy trade in stock , then use 244.7 as stoploss and 254.3 as target.

Share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Target	204.70
Downside Target	221.61
Downside Target	249.23
Upside Target	251.29
Upside Target	251.50
Upside Target	253.00
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	243.15
Downside Intraday Target	235.99
Upside Intraday Target	254.38
Upside Intraday Target	258.45
Downside Intraday Target	247.22

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	250.31	241.44	251.29	240.06	0.203 times
13 Fri Dec 2024	239.48	241.90	253.00	236.50	1.771 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

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
16 Mon Dec 2024	250.31	234.47	253.00	228.00	0.73 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Orient Electric stock for short term is BUY. Signal strength is Weak 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 tired and bears are picking up momentum.

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 positive zone. This is a BUY 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 243.03 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.