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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 2024-12-23 View latest technical analysis

10 day averaged volume of Orient Electric is 238241

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	244.34	245.80	249.14	240.22	0.604 times
20 Fri Dec 2024	242.20	251.21	257.00	238.60	1.473 times
19 Thu Dec 2024	250.19	241.15	252.00	239.00	0.9 times
18 Wed Dec 2024	245.10	242.10	249.80	238.55	0.535 times
17 Tue Dec 2024	242.69	250.31	250.31	241.75	0.657 times
16 Mon Dec 2024	250.31	241.44	251.29	240.06	1.085 times
13 Fri Dec 2024	239.48	237.25	249.50	236.50	2.222 times
12 Thu Dec 2024	239.54	253.00	253.00	237.81	0.898 times
11 Wed Dec 2024	249.31	250.28	252.00	245.41	0.398 times
10 Tue Dec 2024	250.28	247.76	252.00	242.15	1.164 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 247.2 as stoploss in an intra day sell trade for a target of 241.29. However, stock will show a bullish move above 247.2.

Share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Target	204.70
Downside Target	221.61
Downside Target	235.50
Upside Target	249.14
Upside Target	251.50
Upside Target	253.00
Upside Target	253.10
Upside Target	257.00
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	239.99
Downside Intraday Target	235.65
Upside Intraday Target	248.91
Upside Intraday Target	253.49
Upside Intraday Target	244.57

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	244.34	245.80	249.14	240.22	0.13 times
20 Fri Dec 2024	242.20	241.44	257.00	238.55	0.869 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

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
23 Mon Dec 2024	244.34	234.47	257.00	228.00	1.053 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 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 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 Strong and stock is gaining momentum.

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

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 in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Orient Electric in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 244.51 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 has given negative 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.