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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 2024-04-02 View latest technical analysis

10 day averaged volume of Oricon Enterprises is 470426

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	38.50	38.40	38.95	37.65	0.48 times
01 Mon Apr 2024	38.05	36.50	39.20	36.50	1.211 times
28 Thu Mar 2024	36.30	38.65	39.65	35.55	1.367 times
27 Wed Mar 2024	38.25	35.20	39.80	35.20	3.248 times
26 Tue Mar 2024	35.20	35.70	36.45	35.00	0.641 times
22 Fri Mar 2024	35.40	34.90	36.20	34.10	0.743 times
21 Thu Mar 2024	34.85	33.05	35.60	33.05	0.595 times
20 Wed Mar 2024	32.55	33.10	34.00	32.35	0.477 times
19 Tue Mar 2024	32.85	34.05	34.05	32.60	0.373 times
18 Mon Mar 2024	34.00	33.35	34.35	33.00	0.618 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 38.3, but if it comes below 38.3, then a intra day sell could be more profitable.
If you take a sell trade below 38.3, then use 38.3 as stoploss and 35.81 as target. However if you take a buy trade in stock , then use 38.3 as stoploss and 41.3 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
Upside Target	39.00
Upside Target	39.20
Upside Target	39.80
Upside Target	41.65
Upside Target	42.90
Upside Target	49.30

Intraday share price targets for Oricon Enterprises (ORICONENT)

Target Type	Value
Downside Intraday Target	36.93
Downside Intraday Target	35.37
Upside Intraday Target	39.63
Upside Intraday Target	40.77
Downside Intraday Target	38.07

Weekly technical analysis of Oricon Enterprises (ORICONENT)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	38.50	36.50	39.20	36.50	0.322 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
15 Fri Mar 2024	33.15	38.45	39.00	30.00	1.228 times
07 Thu Mar 2024	38.55	39.90	41.65	35.50	0.786 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
02 Tue Apr 2024	38.50	36.50	39.20	36.50	0.096 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, 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 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 short to mid 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 Oricon Enterprises ( (ORICONENT) ) based on a mid to longer 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.

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 but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 and selling is picking up 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 36.58 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.