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(ORICONENT) Oricon Enterprises complete technical analysis [charts+indicators] | Buy/Sell Oricon Enterprises | (ORICONENT) share price targets

Complete technical analysis of Oricon Enterprises (ORICONENT) by charts plus indicators, forecast predictions and share price targets for Oricon Enterprises (ORICONENT)

Oricon Enterprises trades in NSE in Specialty Chemicals sector.

10 day averaged volume of Oricon Enterprises is 2357455

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	43.40	38.95	45.20	38.90	5.306 times
16 Tue Apr 2024	38.45	36.90	39.75	36.75	0.591 times
15 Mon Apr 2024	37.50	40.55	41.45	37.00	0.983 times
12 Fri Apr 2024	41.45	47.00	47.90	40.65	1.875 times
10 Wed Apr 2024	46.60	46.50	48.15	42.95	3.269 times
09 Tue Apr 2024	45.65	40.95	46.10	40.75	2.088 times
08 Mon Apr 2024	40.90	42.45	43.25	40.50	0.253 times
05 Fri Apr 2024	41.50	39.40	42.25	38.80	0.544 times
04 Thu Apr 2024	39.20	39.45	40.20	38.55	0.109 times
03 Wed Apr 2024	39.05	38.45	40.50	38.25	0.193 times

Stock of Oricon Enterprises (ORICONENT) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.3, but if it comes below 42.3, then a intra day sell could be more profitable.
If you take a sell trade below 42.3, then use 42.3 as stoploss and 38.48 as target. However if you take a buy trade in stock , then use 42.3 as stoploss and 46.9 as target.

Share price targets for Oricon Enterprises (ORICONENT)

Target Type	Value
Downside Target	29.25
Downside Target	30.00
Downside Target	32.35
Downside Target	33.70
Downside Target	35.00
Downside Target	36.20
Downside Target	39.80
Downside Target	41.65
Downside Target	42.25
Downside Target	42.90
Upside Target	45.20
Upside Target	48.15
Upside Target	49.30

Intraday share price targets for Oricon Enterprises (ORICONENT)

Target Type	Value
Downside Intraday Target	38.37
Downside Intraday Target	33.33
Upside Intraday Target	46.82
Upside Intraday Target	50.23
Downside Intraday Target	41.78

Weekly technical analysis of Oricon Enterprises (ORICONENT)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	43.40	40.55	45.20	36.75	0.919 times
12 Fri Apr 2024	41.45	42.45	48.15	40.50	6.324 times
05 Fri Apr 2024	41.50	36.50	42.25	36.50	1.128 times
28 Thu Mar 2024	36.30	35.70	39.80	35.00	1.874 times
22 Fri Mar 2024	35.40	33.35	36.20	32.35	0.596 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 Oricon Enterprises (ORICONENT)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	43.40	36.50	48.15	36.50	4.423 times
28 Thu Mar 2024	36.30	39.00	41.65	30.00	0.264 times
29 Thu Feb 2024	38.85	39.80	49.30	36.70	1.355 times
31 Wed Jan 2024	39.50	33.70	42.90	33.70	3.423 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Oricon Enterprises (ORICONENT)

Price action analysis of Oricon Enterprises ( (ORICONENT) ) 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 Oricon Enterprises ( (ORICONENT) ) 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 Oricon Enterprises ( (ORICONENT) ) based on a mid to longer 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

ADX buy sell signal for Oricon Enterprises stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Oricon Enterprises 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.

Oricon Enterprises Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 Oricon Enterprises in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Oricon Enterprises is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 43.39 and Oricon Enterprises (ORICONENT) 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 Oricon Enterprises (ORICONENT) stock. Volume based technical analysis of Oricon Enterprises (ORICONENT) stock is negative.

Oricon Enterprises 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.