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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.

10 day averaged volume of Orient Electric is 292332

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 193.10 195.00 196.20 192.15 0.752 times
27 Wed Mar 2024 193.35 194.70 199.00 191.55 2.761 times
26 Tue Mar 2024 194.75 196.20 196.95 194.00 0.949 times
22 Fri Mar 2024 196.40 197.00 199.45 194.90 0.502 times
21 Thu Mar 2024 197.40 195.90 198.90 195.90 0.429 times
20 Wed Mar 2024 195.05 193.85 195.80 192.90 0.732 times
19 Tue Mar 2024 194.05 194.20 195.65 192.45 0.546 times
18 Mon Mar 2024 194.30 197.65 200.60 193.00 1.065 times
15 Fri Mar 2024 198.15 197.35 202.95 197.30 0.821 times
14 Thu Mar 2024 200.35 194.50 201.20 192.65 0.826 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 194.8, but if it comes above 194.8, then a intra day buy could be more profitable.
If you take a sell trade below 194.8, then use 194.8 as stoploss and 187.2 as target. However if you take a buy trade in stock , then use 194.8 as stoploss and 201.06 as target.

Share price targets for Orient Electric (ORIENTELEC)

Target Type Value
Downside Target 189.00
Upside Target 199.00
Upside Target 212.80
Upside Target 213.45
Upside Target 214.50
Upside Target 215.15
Upside Target 227.60
Upside Target 229.90
Upside Target 236.95
Upside Target 246.00

Intraday share price targets for Orient Electric (ORIENTELEC)

Target Type Value
Downside Intraday Target 190.1
Downside Intraday Target 187.1
Upside Intraday Target 197.55
Upside Intraday Target 202
Upside Intraday Target 194.55

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 193.10 196.20 199.00 191.55 1.363 times
22 Fri Mar 2024 196.40 197.65 200.60 192.45 0.771 times
15 Fri Mar 2024 198.15 206.00 207.85 192.65 0.571 times
07 Thu Mar 2024 205.20 210.00 213.45 203.30 1.481 times
02 Sat Mar 2024 208.70 212.00 214.50 205.05 0.748 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
28 Thu Mar 2024 193.10 208.70 213.45 191.55 0.439 times
29 Thu Feb 2024 208.70 210.10 227.60 189.00 1.243 times
31 Wed Jan 2024 209.05 228.10 236.95 207.85 0.686 times
29 Fri Dec 2023 226.95 217.65 246.00 215.15 3.647 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 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 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 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 Strong 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 BUY signal in short term and the buying is gaining 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 195.14 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.

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 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 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 Strong 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 BUY signal in short term and the buying is gaining 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 195.14 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.

Click here for Orient Electric charts

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Daily charts

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