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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 2024-06-11 View latest technical analysis

10 day averaged volume of Oriental Trimex is 518340

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	11.33	11.28	11.50	10.30	0.915 times
10 Mon Jun 2024	11.28	10.75	11.48	10.61	1.235 times
07 Fri Jun 2024	10.75	10.25	11.10	9.70	1.041 times
06 Thu Jun 2024	10.00	10.20	10.55	9.95	0.36 times
05 Wed Jun 2024	10.15	9.90	10.90	9.50	0.746 times
04 Tue Jun 2024	9.70	10.60	10.65	8.85	0.603 times
03 Mon Jun 2024	10.40	9.95	11.25	9.95	2.582 times
31 Fri May 2024	9.85	10.40	10.40	9.75	0.247 times
30 Thu May 2024	10.10	10.80	10.80	10.00	0.472 times
29 Wed May 2024	10.55	9.85	10.90	9.45	2.389 times

My analysis of stock is bullish for shortterm, and stock might move up till 11.9 or till 13.2. Use a stoploss of 10.78 and if this stock hits its stoploss, then it can fall down till 9.69

Share price targets for Oriental Trimex (ORIENTALTL)

Target Type	Value
Downside Target	7.60
Downside Target	8.85
Downside Target	9.10
Downside Target	9.40
Downside Target	10.30
Downside Target	10.65
Downside Target	10.95
Downside Target	11.25
Upside Target	11.50
Upside Target	11.60
Upside Target	14.45

Intraday share price targets for Oriental Trimex (ORIENTALTL)

Target Type	Value
Downside Intraday Target	10.59
Downside Intraday Target	9.84
Upside Intraday Target	11.79
Upside Intraday Target	12.24
Downside Intraday Target	11.04

Weekly technical analysis of Oriental Trimex (ORIENTALTL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	11.33	10.75	11.50	10.30	0.403 times
07 Fri Jun 2024	10.75	9.95	11.25	8.85	1.215 times
31 Fri May 2024	9.85	9.25	10.90	9.20	0.362 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

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 Oriental Trimex (ORIENTALTL)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	11.33	9.95	11.50	8.85	1.705 times
31 Fri May 2024	9.85	9.25	10.90	9.20	0.195 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

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 Oriental Trimex (ORIENTALTL)

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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Oriental Trimex 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.

Oriental Trimex Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 SELL signal for Oriental Trimex in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 Oriental Trimex is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.55 and Oriental Trimex (ORIENTALTL) 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 Oriental Trimex (ORIENTALTL) stock. Volume based technical analysis of Oriental Trimex (ORIENTALTL) stock is negative.

Oriental Trimex 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.