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Orient Electric Share Price Target - Tomorrow, Next Week & Next Month
Orient Electric Limited | |||
 | Symbol: ORIENTELEC | ||
| Price: ₹270.27 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Furnishings, Fixtures & Appliances | |||
Show Table of Contents
Table of Contents
- 1: Orient Electric Recent Performance
- 2: Chart: Orient Electric Share Price Target - Tomorrow
- 3: Table: Orient Electric Share Price Target - Tomorrow
- 4: Summary: Orient Electric Share Price Prediction For Tomorrow
- 5: Chart: Orient Electric Share Price Target - Next Week
- 6: Table: Orient Electric Share Price Target - Next Week
- 7: Summary: Orient Electric Share Price Prediction For Next Week
- 8: Chart: Orient Electric Share Price Target - Next Month
- 9: Table: Orient Electric Share Price Target - Next Month
- 10: Summary: Orient Electric Share Price Prediction For Next Month
Orient Electric Recent Performance
Over the past 25 trading days, the value of Orient Electric's stock has increased by ₹40.88 (+17.82%). On 24 May 2024, one share was worth ₹229.39 and by 28 Jun 2024, the value jumped to ₹270.27. During this period it created a highest high of ₹281.20 and lowest low of ₹216.39.
Below Image represents line chart of daily close price of Orient Electric, helping you visualize how the price has changed day by day.
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Chart: Orient Electric Share Price Target - Tomorrow
The line chart displays the Orient Electric daily closing prices for the past 25 trading days using a black line. The green line indicates the potential targets, while the red line shows the potential Stop-Loss (SL) levels.
For detailed target and stop loss values for Orient Electric shares for Fri 28 Jun 2024, see the table below.
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Table: Orient Electric Share Price Target - Tomorrow
By analyzing Orient Electric stock with yesterday and past crucial price points and technical indicators we derived following targets for: Mon, 01 Jul, 2024!
| Orient Electric's Levels | Value | Reason/Importance |
|---|---|---|
| Tomorrow Target 3 | 282.14 (+4.39%) | Fibonacci Extension Level 123.6% |
| Tomorrow Target 2 | 278.95 (+3.21%) | Price Action: Oct 2022 High |
| Tomorrow Target 1 | 274.70 (+1.63%) | Price Action: Mar 2020 High |
| Current Price | 270.27 | Orient Electric's 1 share price as of Fri 28 Jun 2024 |
| Stop Loss 1 | 269.00 (-0.47%) | Price Action: Mar 2021 Low |
| Stop Loss 2 | 268.04 (-0.83%) | Price Action: Jun 2024 Low |
| Stop Loss 3 | 266.00 (-1.58%) | Price Action: Apr 2021 Low |
Summary: Orient Electric Share Price Prediction For Tomorrow
Fri 28 Jun 2024: Orient Electric finished the day at ₹270.27, losing ₹-7.37 (-2.65%) in 1 day.
In summary, our analysis of Orient Electric for tomorrow predicts a rise of 1.63% to 4.39% with three potential targets T1: ₹274.70, T2: ₹278.95, T3: ₹282.14 and Stop-Loss (SL) at SL1: ₹269.00, SL2: ₹268.04, SL3: ₹266.00.
Additionally, we've identified a support level at ₹268.04 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹279.45, which is like a ceiling at which the price might have a hard time breaking through. These targets are based on our study of past trends and technical analysis using various indicators.
Over the last 25 trading days, the stock has jumped 17.82%, indicating it could be a excellent option for trading or short-term investment. During this period, its price fluctuated between 281.20 and 216.39.
After looking at tomorrow's share price prediction, let's now check what next week might hold for Orient Electric.
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Chart: Orient Electric Share Price Target - Next Week
The chart displays the Orient Electric weekly closing prices for the past 25 trading weeks using a black line. It also shows three targets using a green line, while the red line shows the potential Stop-Loss (SL) levels for next week.
For detailed target and stop loss values for Orient Electric shares for next week, see the table below.
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Table: Orient Electric Share Price Target - Next Week
By analyzing Orient Electric stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!
| Orient Electric's Levels | Value | Reason/Importance |
|---|---|---|
| Next Week Target 3 | 286.90 (+6.15%) | Price Action: Feb 2020 High |
| Next Week Target 2 | 283.35 (+4.83%) | Price Action: Dec 2022 High |
| Next Week Target 1 | 278.87 (+3.18%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 270.27 | Orient Electric's 1 share price as of Fri 28 Jun 2024 |
| Stop Loss 1 | 268.04 (-0.83%) | Price Action: Jun 2024 Low |
| Stop Loss 2 | 264.90 (-1.99%) | Price Action: Jan 2021 High |
| Stop Loss 3 | 262.00 (-3.06%) | Price Action: Jul 2023 High |
Summary: Orient Electric Share Price Prediction For Next Week
As of Fri 28 Jun 2024, Orient Electric share price stands at ₹270.27, gaining ₹19.35 (+7.71%) in this week.
In summary, our analysis of Orient Electric for next week predicts a rise of 3.18% to 6.15% with three potential targets T1: ₹278.87, T2: ₹283.35, T3: ₹286.90 and Stop-Loss (SL) at SL1: ₹268.04, SL2: ₹264.90, SL3: ₹262.00.
Additionally, we've identified a support level at ₹247.81 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹281.20, which is like a ceiling at which the price might have a hard time breaking through.
After looking at tomorrow's and next week's share price prediction, let's now check what next month might hold for Orient Electric.
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Chart: Orient Electric Share Price Target - Next Month
The chart displays the Orient Electric monthly closing prices for the past 25 months using a black line. It also shows three targets using green line, while the red line shows the potential Stop-Loss (SL) levels.
For detailed target and stop loss values for Orient Electric shares for next month, see the table below.
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Table: Orient Electric Share Price Target - Next Month
By analyzing Orient Electric stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!
| Orient Electric's Levels | Value | Reason/Importance |
|---|---|---|
| Next Month Target 3 | 291.00 (+7.67%) | Price Action: Nov 2022 High |
| Next Month Target 2 | 286.90 (+6.15%) | Price Action: Feb 2020 High |
| Next Month Target 1 | 283.35 (+4.83%) | Price Action: Dec 2022 High |
| Current Price | 270.27 | Orient Electric's 1 share price as of Fri 28 Jun 2024 |
| Stop Loss 1 | 266.00 (-1.58%) | Price Action: Apr 2021 Low |
| Stop Loss 2 | 263.20 (-2.62%) | Price Action: May 2022 Low |
| Stop Loss 3 | 260.05 (-3.79%) | Price Action: Mar 2023 Low |
Summary: Orient Electric Share Price Prediction For Next Month
As of Fri 28 Jun 2024, Orient Electric share price stands at ₹270.27, gaining ₹43.32 (+19.09%) in this month.
In summary, our analysis of Orient Electric for next month predicts a rise of 4.83% to 7.67% with three potential targets T1: ₹283.35, T2: ₹286.90, T3: ₹291.00 and Stop-Loss (SL) at SL1: ₹266.00, SL2: ₹263.20, SL3: ₹260.05.
Additionally, we've identified a support level at 268.04 — think of this as a safety net where the price might stop falling and there's also a resistance level at 281.20, which is like a ceiling at which the price might have a hard time breaking through.
After looking at tomorrow's, next week's and next month's share price prediction, you might wonder what this year or next year might hold for Orient Electric, we created a specific page for that check here: Orient Electric Share Price target for 2024 and 2025
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As we wrap up, we hope you like our study on Orient Electric short term share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyze historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Orient Electric Share Price History
- Orient Electric Price Long Term Target
- Orient Electric Dividend History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
