ORIENTELEC NEWS why is Orient Electric Limited price falling or rising

ORIENTELEC NEWS reasons for why stock price of Orient Electric Limited is falling or rising

ORIENTELEC Orient Electric is falling or rising technical reasons

Technical analysis forecast of Orient Electric Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Orient Electric ORIENTELEC at this time. Stock is rising and might rise more.

It appears as if Orient Electric ORIENTELEC gave a large move recently.

Stock of Orient Electric (ORIENTELEC) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Orient Electric is bullish for shortterm, and stock might move up till 215.2 or till 224.8. Use a stoploss of 207.17 and if this stock hits its stoploss, then it can fall down till 199.17

ORIENTELEC Orient Electric is falling or rising NEWS fundamental reasons

Company Announcement Orient Electric Limited has informed the Exchange about Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-12

Company Announcement Central India Industries Ltd has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. - NEWS as on 2024-04-08

Company Announcement Orient Electric Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2024-03-27

Company Announcement - NEWS as on 2024-03-27

Company Announcement Orient Electric Limited has informed the Exchange about Investor Presentation - NEWS as on 2024-02-02

Company Announcement Orient Electric Limited has informed the Exchange about Schedule of earnings call. - NEWS as on 2024-01-29

Company Announcement Orient Electric Limited has informed the Exchange about change in Management - NEWS as on 2023-12-26

More announcements and NEWS

ORIENTELEC Orient Electric Limited current price & indicator signals

Moving Averages for Orient Electric Limited

  • 5Day Average: 209.57
  • 12Day Average: 211.1
  • 20Day Average: 204.79
  • 50Day Average: 205.23
  • 100Day Average: 213.82
  • 150Day Average: 216.18
  • 200Day Average: 221.79

ORIENTELEC Indicators & signals

Indicator MACD (12,26,9)

208.42, 206.8, 1.12
Indicator MACD is in positive zone

Indicator ADX (14)

5.6, 23.45, 20.96
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 64
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ORIENTELEC Orient Electric Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 208.10 206.00 to 210.30 -1.05% 0.43 times
18 Thu Apr 2024 210.30 208.05 to 213.45 0.96% 0.81 times
16 Tue Apr 2024 208.30 207.45 to 211.05 -0.86% 0.37 times
15 Mon Apr 2024 210.10 206.55 to 211.00 -0.45% 0.88 times
12 Fri Apr 2024 211.05 210.00 to 215.35 -0.05% 1.07 times
10 Wed Apr 2024 211.15 206.95 to 213.00 1.44% 1.27 times
09 Tue Apr 2024 208.15 207.20 to 214.00 -2.12% 2.08 times
08 Mon Apr 2024 212.65 211.05 to 216.00 0.35% 0.86 times
05 Fri Apr 2024 211.90 209.60 to 213.60 -0.28% 0.71 times
04 Thu Apr 2024 212.50 210.15 to 214.95 -0.38% 0.71 times
03 Wed Apr 2024 213.30 212.25 to 216.50 -1.11% 1.25 times
02 Tue Apr 2024 215.70 198.20 to 217.45 8.64% 5.48 times

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