(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.
10 day averaged volume of Orient Electric is 655673
Date | Daily Closing Price | Open | High | Low | Volume |
27 Wed Sep 2023 | 218.30 | 221.95 | 224.90 | 218.05 | 0.616 times |
26 Tue Sep 2023 | 222.70 | 219.25 | 223.35 | 219.15 | 0.426 times |
25 Mon Sep 2023 | 218.30 | 219.90 | 221.00 | 218.00 | 0.266 times |
22 Fri Sep 2023 | 219.70 | 221.15 | 224.40 | 219.40 | 0.415 times |
21 Thu Sep 2023 | 220.50 | 216.00 | 229.90 | 216.00 | 2.23 times |
20 Wed Sep 2023 | 215.35 | 220.90 | 225.80 | 214.45 | 1.728 times |
18 Mon Sep 2023 | 220.55 | 225.00 | 225.90 | 219.40 | 1.139 times |
15 Fri Sep 2023 | 223.25 | 229.35 | 229.35 | 222.10 | 0.94 times |
14 Thu Sep 2023 | 227.05 | 230.45 | 232.80 | 223.30 | 1.375 times |
13 Wed Sep 2023 | 229.50 | 237.20 | 237.20 | 228.10 | 0.74 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 220.8, but if it comes above 220.8, then a intra day buy could be more profitable.
If you take a sell trade below 220.8, then use 220.8 as stoploss and 210.8 as target. However if you take a buy trade in stock , then use 220.8 as stoploss and 229.06 as target.
Share price targets for Orient Electric (ORIENTELEC)
Target Type | Value |
Downside Target | 214.45 |
Upside Target | 235.10 |
Upside Target | 237.20 |
Upside Target | 239.90 |
Upside Target | 243.10 |
Upside Target | 245.30 |
Upside Target | 247.00 |
Upside Target | 247.50 |
Upside Target | 262.00 |
Intraday share price targets for Orient Electric (ORIENTELEC)
Target Type | Value |
Downside Intraday Target | 215.9 |
Downside Intraday Target | 213.5 |
Upside Intraday Target | 222.8 |
Upside Intraday Target | 227.3 |
Upside Intraday Target | 220.4 |
Weekly technical analysis of Orient Electric (ORIENTELEC)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Wed Sep 2023 | 218.30 | 219.90 | 224.90 | 218.00 | 0.237 times |
22 Fri Sep 2023 | 219.70 | 225.00 | 229.90 | 214.45 | 1.804 times |
15 Fri Sep 2023 | 223.25 | 237.20 | 237.20 | 222.10 | 1.531 times |
13 Wed Sep 2023 | 229.50 | 239.00 | 243.10 | 228.10 | 1.936 times |
08 Fri Sep 2023 | 237.60 | 235.70 | 239.90 | 235.10 | 0.785 times |
Price has moved down 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 |
27 Wed Sep 2023 | 218.30 | 239.00 | 243.10 | 214.45 | 1.332 times |
31 Thu Aug 2023 | 238.90 | 233.90 | 247.00 | 225.65 | 0.434 times |
31 Mon Jul 2023 | 230.85 | 240.90 | 262.00 | 220.40 | 4.419 times |
30 Fri Jun 2023 | 239.40 | 239.90 | 247.50 | 232.00 | 0.566 times |
Scroll below to view daily charts
Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Orient Electric in short term and the sell signal is strong.
Orient Electric Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Orient Electric in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 221.32 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Orient Electric ( (ORIENTELEC) ) based on a short 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.
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Orient Electric in short term and the sell signal is strong.
Orient Electric Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Orient Electric in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 221.32 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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