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

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

Orient Electric trades in NSE in REAL_ESTATE_INVESTMENT_TRUST sector.

Showing technical analysis as on 2024-12-12 View latest technical analysis

10 day averaged volume of Orient Electric is 168049

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	239.54	253.00	253.00	237.81	1.273 times
11 Wed Dec 2024	249.31	250.28	252.00	245.41	0.564 times
10 Tue Dec 2024	250.28	247.76	252.00	242.15	1.651 times
09 Mon Dec 2024	246.67	241.90	247.87	239.86	0.947 times
06 Fri Dec 2024	241.28	237.19	243.50	234.75	0.624 times
05 Thu Dec 2024	236.16	238.21	241.65	235.00	0.401 times
04 Wed Dec 2024	238.20	237.75	239.99	234.41	0.968 times
03 Tue Dec 2024	237.18	229.55	239.80	229.07	1.018 times
02 Mon Dec 2024	229.14	234.47	236.83	228.00	1.272 times
29 Fri Nov 2024	234.47	234.00	237.57	232.90	1.429 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 242.7 as stoploss in an intra day sell trade for a target of 234.82. However, stock will show a bullish move above 242.7.

Share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Target	204.70
Downside Target	221.61
Upside Target	243.50
Upside Target	249.23
Upside Target	251.50
Upside Target	253.00
Upside Target	253.10
Upside Target	265.00
Upside Target	270.00
Upside Target	292.30

Intraday share price targets for Orient Electric (ORIENTELEC)

Target Type	Value
Downside Intraday Target	233.9
Downside Intraday Target	228.26
Upside Intraday Target	249.09
Upside Intraday Target	258.64
Upside Intraday Target	243.45

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	239.54	241.90	253.00	237.81	1.035 times
06 Fri Dec 2024	241.28	234.47	243.50	228.00	0.648 times
29 Fri Nov 2024	234.47	229.90	249.23	225.82	2.976 times
22 Fri Nov 2024	226.34	227.05	230.90	221.61	0.903 times
14 Thu Nov 2024	226.34	242.60	243.90	225.00	0.361 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 Electric (ORIENTELEC)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	239.54	234.47	253.00	228.00	0.475 times
29 Fri Nov 2024	234.47	247.00	251.50	221.61	0.292 times
31 Thu Oct 2024	247.45	241.00	265.00	204.70	2.125 times
30 Mon Sep 2024	240.40	268.95	270.00	235.50	0.589 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 Electric (ORIENTELEC)

Price action analysis of Orient Electric ( (ORIENTELEC) ) 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 Orient Electric ( (ORIENTELEC) ) 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 Orient Electric ( (ORIENTELEC) ) 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 Orient Electric stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Orient Electric in short term and the buy signal is strong.

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

CCI has generated a SELL signal for Orient Electric 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 positive zone. This is a BUY zone

Stock of Orient Electric is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 240.09 and Orient Electric (ORIENTELEC) 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 Orient Electric (ORIENTELEC) stock. Volume based technical analysis of Orient Electric (ORIENTELEC) stock is negative.

Orient Electric 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.