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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 2024-12-19 View latest technical analysis

10 day averaged volume of Orient Electric is 198935

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	250.19	241.15	252.00	239.00	1.078 times
18 Wed Dec 2024	245.10	242.10	249.80	238.55	0.64 times
17 Tue Dec 2024	242.69	250.31	250.31	241.75	0.787 times
16 Mon Dec 2024	250.31	241.44	251.29	240.06	1.3 times
13 Fri Dec 2024	239.48	237.25	249.50	236.50	2.661 times
12 Thu Dec 2024	239.54	253.00	253.00	237.81	1.075 times
11 Wed Dec 2024	249.31	250.28	252.00	245.41	0.476 times
10 Tue Dec 2024	250.28	247.76	252.00	242.15	1.394 times
09 Mon Dec 2024	246.67	241.90	247.87	239.86	0.8 times
06 Fri Dec 2024	241.28	237.19	243.50	234.75	0.527 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 246.9, but if it comes below 246.9, then a intra day sell could be more profitable.
If you take a sell trade below 246.9, then use 246.9 as stoploss and 239.74 as target. However if you take a buy trade in stock , then use 246.9 as stoploss and 255.4 as target.

Share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Target	204.70
Downside Target	221.61
Downside Target	243.50
Downside Target	249.23
Upside Target	251.50
Upside Target	252.00
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	241.83
Downside Intraday Target	233.46
Upside Intraday Target	255.28
Upside Intraday Target	260.36
Downside Intraday Target	246.91

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	250.19	241.44	252.00	238.55	0.594 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
19 Thu Dec 2024	250.19	234.47	253.00	228.00	0.892 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Orient Electric ( (ORIENTELEC) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 244.9 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.