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(ORIENTALTL) Oriental Trimex complete technical analysis [charts+indicators] | Buy/Sell Oriental Trimex | (ORIENTALTL) share price targets

Complete technical analysis of Oriental Trimex (ORIENTALTL) by charts plus indicators, forecast predictions and share price targets for Oriental Trimex (ORIENTALTL)

Oriental Trimex trades in NSE in Construction Materials sector.

Showing technical analysis as on 2024-05-28 View latest technical analysis

10 day averaged volume of Oriental Trimex is 884754

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	9.55	9.80	10.10	9.30	0.191 times
27 Mon May 2024	9.75	9.25	10.30	9.20	0.559 times
21 Wed Feb 2024	12.75	13.60	13.75	12.50	0.92 times
20 Tue Feb 2024	13.60	14.10	14.45	13.30	4.078 times
19 Mon Feb 2024	12.90	10.75	12.90	10.75	2.095 times
16 Fri Feb 2024	10.75	11.00	11.15	10.70	0.125 times
15 Thu Feb 2024	10.95	10.80	11.60	10.80	0.273 times
14 Wed Feb 2024	10.80	9.55	11.35	9.55	0.401 times
13 Tue Feb 2024	10.10	10.35	10.50	10.05	0.164 times
12 Mon Feb 2024	10.35	11.40	11.40	10.30	0.361 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.6, but if it comes above 9.6, then a intra day buy could be more profitable.
If you take a sell trade below 9.6, then use 9.6 as stoploss and 8.2 as target. However if you take a buy trade in stock , then use 9.6 as stoploss and 10.74 as target.

Share price targets for Oriental Trimex (ORIENTALTL)

Target Type	Value
Downside Target	6.40
Downside Target	7.60
Downside Target	8.50
Downside Target	9.10
Downside Target	9.40
Upside Target	10.30
Upside Target	10.65
Upside Target	10.75
Upside Target	10.95
Upside Target	11.60
Upside Target	12.40
Upside Target	14.45

Intraday share price targets for Oriental Trimex (ORIENTALTL)

Target Type	Value
Downside Intraday Target	9.07
Downside Intraday Target	8.58
Upside Intraday Target	10.17
Upside Intraday Target	10.78
Upside Intraday Target	9.68

Weekly technical analysis of Oriental Trimex (ORIENTALTL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	9.55	9.25	10.30	9.20	0.106 times
21 Wed Feb 2024	12.75	10.75	14.45	10.75	5.36 times
16 Fri Feb 2024	10.75	11.40	11.60	9.55	0.306 times
09 Fri Feb 2024	11.45	10.00	12.40	9.40	3.629 times
02 Fri Feb 2024	10.05	9.75	10.50	9.60	2.896 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 Oriental Trimex (ORIENTALTL)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Tue May 2024	9.55	9.25	10.30	9.20	0.057 times
21 Wed Feb 2024	12.75	10.20	14.45	9.40	2.489 times
31 Wed Jan 2024	10.00	9.60	10.95	9.10	0.424 times
29 Fri Dec 2023	9.40	8.55	10.65	7.60	3.8 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 Oriental Trimex (ORIENTALTL)

Price action analysis of Oriental Trimex ( (ORIENTALTL) ) 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 Oriental Trimex ( (ORIENTALTL) ) 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 Oriental Trimex ( (ORIENTALTL) ) 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 Oriental Trimex ( (ORIENTALTL) ) 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 Oriental Trimex stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Oriental Trimex 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Oriental Trimex in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Stock of Oriental Trimex is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.6 and Oriental Trimex (ORIENTALTL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Oriental Trimex (ORIENTALTL) stock. Volume based technical analysis of Oriental Trimex (ORIENTALTL) stock is negative.

Oriental Trimex 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.