Stock analysis Orient Cement Limited ORIENTCEM
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Recent prices of ORIENTCEM Orient Cement Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
14 Mon Oct 2024 | 292.85 | 291.60 to 297.20 | -0.98% | 0.29 times |
11 Fri Oct 2024 | 295.75 | 292.55 to 304.80 | 0.36% | 0.42 times |
10 Thu Oct 2024 | 294.70 | 288.20 to 301.85 | -1.17% | 0.37 times |
09 Wed Oct 2024 | 298.20 | 295.00 to 308.30 | 1.05% | 0.56 times |
08 Tue Oct 2024 | 295.10 | 288.00 to 299.70 | 1.72% | 0.61 times |
07 Mon Oct 2024 | 290.10 | 282.05 to 306.50 | -4.05% | 1.01 times |
04 Fri Oct 2024 | 302.35 | 300.00 to 311.40 | -2.26% | 1.09 times |
03 Thu Oct 2024 | 309.35 | 302.85 to 313.35 | -1.34% | 1.17 times |
01 Tue Oct 2024 | 313.55 | 291.70 to 315.90 | 7.97% | 3.21 times |
30 Mon Sep 2024 | 290.40 | 275.00 to 293.50 | 4.33% | 0.95 times |
27 Fri Sep 2024 | 278.35 | 271.00 to 288.10 | -2.95% | 0.61 times |
26 Thu Sep 2024 | 286.80 | 276.95 to 290.85 | 4.03% | 1.18 times |
Technical analysis forecast for Orient Cement Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Orient Cement Limited ORIENTCEM at this time. Stock is falling and might fall more.
It appears as if Orient Cement Limited ORIENTCEM gave a large move recently.
Stock of Orient Cement Limited (ORIENTCEM) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Orient Cement Limited is bearish for shortterm, and stock might move down till 286.8 or till 276.2. Use a stoploss of 295.57 and if the stock hits stoploss, then it can shoot up till 304.37