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(ORIENTCEM) Orient Cement complete technical analysis [charts+indicators] | Buy/Sell Orient Cement | (ORIENTCEM) share price targets

Complete technical analysis of Orient Cement (ORIENTCEM) by charts plus indicators, forecast predictions and share price targets for Orient Cement (ORIENTCEM)

Orient Cement trades in NSE in Cement & Cement Products sector.

10 day averaged volume of Orient Cement is 761617

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	196.05	203.75	204.95	195.00	0.705 times
16 Tue Apr 2024	199.85	202.85	203.95	199.05	0.81 times
15 Mon Apr 2024	201.30	206.90	207.20	198.85	0.82 times
12 Fri Apr 2024	209.40	215.60	216.70	208.00	0.496 times
10 Wed Apr 2024	216.00	219.50	219.50	215.15	0.377 times
09 Tue Apr 2024	217.70	224.80	224.80	215.15	0.641 times
08 Mon Apr 2024	222.65	219.90	223.35	215.15	1.135 times
05 Fri Apr 2024	217.10	220.00	220.95	216.10	0.517 times
04 Thu Apr 2024	220.15	219.50	221.40	218.30	0.473 times
03 Wed Apr 2024	219.05	222.20	223.90	216.60	2.358 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 197.8, but if it comes above 197.8, then a intra day buy could be more profitable.
If you take a sell trade below 197.8, then use 197.8 as stoploss and 186.2 as target. However if you take a buy trade in stock , then use 197.8 as stoploss and 207.36 as target.

Share price targets for Orient Cement (ORIENTCEM)

Target Type	Value
Downside Target	190.00
Downside Target	194.20
Upside Target	205.75
Upside Target	222.10
Upside Target	224.80
Upside Target	230.70
Upside Target	239.90
Upside Target	247.05
Upside Target	260.60
Upside Target	290.95
Upside Target	293.75

Intraday share price targets for Orient Cement (ORIENTCEM)

Target Type	Value
Downside Intraday Target	191.63
Downside Intraday Target	187.22
Upside Intraday Target	203.83
Upside Intraday Target	211.62
Upside Intraday Target	199.42

Weekly technical analysis of Orient Cement (ORIENTCEM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	196.05	206.90	207.20	195.00	0.881 times
12 Fri Apr 2024	209.40	219.90	224.80	208.00	0.365 times
05 Fri Apr 2024	217.10	199.00	223.90	198.70	1.412 times
28 Thu Mar 2024	195.80	201.70	205.75	194.20	1.438 times
22 Fri Mar 2024	204.15	203.10	208.00	190.00	0.643 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 Orient Cement (ORIENTCEM)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	196.05	199.00	224.80	195.00	0.617 times
28 Thu Mar 2024	195.80	229.20	239.90	190.00	0.921 times
29 Thu Feb 2024	227.25	284.65	293.75	222.10	0.638 times
31 Wed Jan 2024	282.55	252.75	290.95	247.05	1.025 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 Orient Cement (ORIENTCEM)

Price action analysis of Orient Cement ( (ORIENTCEM) ) 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 Orient Cement ( (ORIENTCEM) ) 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 Orient Cement ( (ORIENTCEM) ) based on a mid to longer 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.

ADX buy sell signal for Orient Cement stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Orient Cement in short term and the sell signal is strong.

Orient Cement 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Orient Cement in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Orient Cement is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 213.11 and Orient Cement (ORIENTCEM) 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 Orient Cement (ORIENTCEM) stock. Volume based technical analysis of Orient Cement (ORIENTCEM) stock is negative.

Orient Cement 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.