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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.

Showing technical analysis as on 2024-03-01 View latest technical analysis

10 day averaged volume of Oricon Enterprises is 872916

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	39.15	39.00	40.75	38.90	0.501 times
29 Thu Feb 2024	38.85	38.75	39.40	36.70	0.641 times
28 Wed Feb 2024	38.70	40.70	40.90	38.50	0.564 times
27 Tue Feb 2024	40.50	41.30	41.65	39.70	0.483 times
26 Mon Feb 2024	41.40	41.90	42.75	40.85	0.396 times
23 Fri Feb 2024	41.65	42.20	44.80	41.05	0.771 times
22 Thu Feb 2024	42.00	42.50	42.50	41.20	0.501 times
21 Wed Feb 2024	42.35	43.55	44.80	41.60	1.405 times
20 Tue Feb 2024	43.20	41.20	44.65	40.85	3.258 times
19 Mon Feb 2024	41.20	41.25	43.45	41.00	0.505 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.6, but if it comes above 39.6, then a intra day buy could be more profitable.
If you take a sell trade below 39.6, then use 39.6 as stoploss and 37.5 as target. However if you take a buy trade in stock , then use 39.6 as stoploss and 41.45 as target.

Share price targets for Oricon Enterprises (ORICONENT)

Target Type	Value
Downside Target	29.25
Downside Target	30.00
Downside Target	33.70
Downside Target	35.10
Downside Target	35.95
Downside Target	37.95
Downside Target	38.90
Upside Target	40.75
Upside Target	42.75
Upside Target	44.70
Upside Target	44.80
Upside Target	47.25
Upside Target	49.30

Intraday share price targets for Oricon Enterprises (ORICONENT)

Target Type	Value
Downside Intraday Target	36.32
Downside Intraday Target	33.48
Upside Intraday Target	42.37
Upside Intraday Target	45.58
Upside Intraday Target	39.53

Weekly technical analysis of Oricon Enterprises (ORICONENT)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	39.15	41.90	42.75	36.70	0.401 times
23 Fri Feb 2024	41.65	41.25	44.80	40.85	0.905 times
16 Fri Feb 2024	41.15	41.80	44.70	37.95	1.137 times
09 Fri Feb 2024	41.05	46.15	47.25	39.45	0.387 times
02 Fri Feb 2024	45.50	39.50	49.30	36.50	9.041 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 Oricon Enterprises (ORICONENT)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	39.15	39.00	40.75	38.90	0.014 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
29 Fri Dec 2023	33.45	32.50	35.10	29.25	0.866 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Oricon Enterprises ( (ORICONENT) ) 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 Oricon Enterprises stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Oricon Enterprises in short term but the sell signal is initial and weak.

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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Oricon Enterprises in short term but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.72 and Oricon Enterprises (ORICONENT) 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 Oricon Enterprises (ORICONENT) stock. Volume based technical analysis of Oricon Enterprises (ORICONENT) stock is negative.

Oricon Enterprises 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.