Stock analysis Orient Paper & Industries Limited ORIENTPPR
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Recent prices of ORIENTPPR Orient Paper & Industries Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
19 Tue Nov 2024 | 37.47 | 37.20 to 38.29 | 0.86% | 0.73 times |
18 Mon Nov 2024 | 37.15 | 36.24 to 38.19 | 0.3% | 0.72 times |
14 Thu Nov 2024 | 37.04 | 35.80 to 37.90 | 1.54% | 1.07 times |
13 Wed Nov 2024 | 36.48 | 36.25 to 38.99 | -4.23% | 1.27 times |
12 Tue Nov 2024 | 38.09 | 38.00 to 38.95 | -1.53% | 0.85 times |
11 Mon Nov 2024 | 38.68 | 38.21 to 40.39 | -3.11% | 1.05 times |
08 Fri Nov 2024 | 39.92 | 39.75 to 41.98 | -3.43% | 1.53 times |
07 Thu Nov 2024 | 41.34 | 41.17 to 43.25 | -1.81% | 1 times |
06 Wed Nov 2024 | 42.10 | 41.49 to 42.40 | 1.18% | 1.05 times |
05 Tue Nov 2024 | 41.61 | 40.53 to 42.00 | 1.64% | 0.53 times |
04 Mon Nov 2024 | 40.94 | 40.84 to 43.10 | -4.5% | 0.93 times |
01 Fri Nov 2024 | 42.87 | 42.20 to 43.10 | 1.64% | 0.22 times |
Technical analysis forecast for Orient Paper & Industries 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 Paper & Industries Limited ORIENTPPR at this time. Stock is falling and might fall more.
It appears as if Orient Paper & Industries Limited ORIENTPPR gave a large move recently.
Stock of Orient Paper & Industries Limited (ORIENTPPR) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Orient Paper & Industries Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Orient Paper & Industries Limited stays below 38.2, but if it comes above 38.2, then a intra day buy could be more profitable.
If you take a sell trade below 38.2, then use 38.2 as stoploss and 35.8 as target. However if you take a buy trade in Orient Paper & Industries Limited, then use 38.2 as stoploss and 40.2 as target.