#Orient Electric in sideways with bullish view CMP:267 @ 18 November 2022
Breakout in ORIENTELEC Entry: CMP Target 1 - 295 Target 2 - 350 DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Take trade on 270 Sl of 265 Tg 300 It’s an positional trade
ONLY FOR EDUCATION PURPOSE main and strong support @264 tgt for long term(6-8 months):- 390-400 tgt for short term(2 months):-330
Stock has found support at the confluence of BLUE channel, WHITE pitchfork and strong horizontal S&R......last two weeks green candle support this......one can start buying the stock for good gains in future
Be Cautious #headandshoulders #pattern (trend reversal) at #ORIENTELEC weekly chart. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end. Stock seems to be changing trend(Head and Shoulders...
Orient Electric is trading near 100 DEMA and potential support zone of 360-365. Overall trend in stock is bullish and a bounce to previous swing high might be possible. As per trade setup we can initiate buy at 360-365 with a Stoploss at 346 and target 394.
-orientelec acending triangle pattern breakout and consolidating for over two months - now at support zone + trend line
Add it in your watchlist. Wait for breakout and Trade according to breakout with proper stoploss.
Fresh Buy@CMP TGT - 450 & 480 SL - 350 Disclaimer The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible...
BUY 385-386.50 T1 407 T2 420 SL 375 -DKM SIR buy as per your risk i can see the upmove
ORIENT gave a breakout at 365 made a high of 393 restested the level and moving again. buy at 371 targets of 415
Channel pattern 395 is best entry point for long position
No Brainer! 1. All Time High 2. Breached a simple/short term resistance point 3. With pickup in volumes
OrientElec Channel BO SL 297 Tgt 435-525-660-760 CMP 375 Special Diwali Pick for Long Term.... Abv Chart is for Study Purpose only..
Orient Electricals was moving within a range. Today the stock has given breakout out of the contraction. Can be added more on pullback
This is follow-up on Orient Electric. Can check link to related ideas. Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only.
This is follow-up on Orient Electric. Can check link to related ideas. Target 2 achieved. More than 51%. Target 3 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...