Stock analysis Orient Cement Limited ORIENTCEM
More indepth analysis on MunafaSutra.com
Recent prices of ORIENTCEM Orient Cement Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 10 Fri Jan 2025 | 335.10 | 334.50 to 337.15 | -0.43% | 0.72 times |
| 09 Thu Jan 2025 | 336.55 | 336.10 to 339.30 | -0.43% | 1.41 times |
| 08 Wed Jan 2025 | 338.00 | 337.40 to 342.95 | -1.08% | 1.05 times |
| 07 Tue Jan 2025 | 341.70 | 339.50 to 344.80 | -0.25% | 0.86 times |
| 06 Mon Jan 2025 | 342.55 | 342.05 to 347.65 | -0.46% | 0.94 times |
| 03 Fri Jan 2025 | 344.15 | 340.95 to 349.80 | -0.84% | 0.8 times |
| 02 Thu Jan 2025 | 347.05 | 344.30 to 348.85 | 0.65% | 0.45 times |
| 01 Wed Jan 2025 | 344.80 | 341.70 to 348.60 | 0.52% | 0.33 times |
| 31 Tue Dec 2024 | 343.00 | 337.10 to 344.35 | 0.68% | 1.23 times |
| 30 Mon Dec 2024 | 340.70 | 340.15 to 344.75 | -0.84% | 0.5 times |
| 27 Fri Dec 2024 | 343.60 | 342.25 to 353.65 | -0.29% | 2.42 times |
| 26 Thu Dec 2024 | 344.60 | 341.75 to 348.00 | 0.5% | 2.07 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, but trade for tomorrow is selective. Take a sell trade only if Orient Cement Limited stays below 337.2, but if it comes above 337.2, then a intra day buy could be more profitable.
If you take a sell trade below 337.2, then use 337.2 as stoploss and 333.4 as target. However if you take a buy trade in Orient Cement Limited, then use 337.2 as stoploss and 340.45 as target.