Buy Orient ElectricBuy Orient Electric near 293 Stoploss 283 Target 305,315 and 321
Study: Inverse Head & Shoulder Pattern Breakout and Retest
ORIENTELEC trade ideas
DAILY SWING CALL // Monday 24th of May 2021 // NSE: ORIENTELECDAILY SWING CALL // Monday 24th of May 2021 // NSE:ORIENTELEC
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 299
TARGET: 344+ (15% Around)
STOP LOSS: 269 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
Bullish chart on weeklyabove 300 it is very good ..red line may act as resistance and green line as support
ORIENT Electric Positional view !!!ORIENTELEC : cmp : 274.15
After a significant correction the stock is in the support zone.
So we can expect a bounce back from here.BO possible above 280
TGT 298/318/341
SL 258 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Orient Electric Cmp 292 dated 20.5.2021Orient Electric Cmp 292 dated 20.5.2021
1. Triangle pattern breakout above 296.
2. Almost debt free company.
3. High Volume in last 3 days.
Buy for short term tgt of 330 SL 280
It is just a view, pls trade at your own risk.
Orient ElectricTHE ORIENT ELECTRIC IS GOOD FUNDAMENTAL STOCK. IT IS CURRENTLY TRADING AT ITS SUPPORT LEVELS. IT'S GIVE A HAMMER PATTERN IS BULLISH REVERSAL CANDLESTICK PATTEN.
SO NOW TIME TO BUY ORIENT ELECTRIC.
TARGET IS 300 ; 330 ; 350.
STOP LOSS IS 255.
NOTE:- THIS TARGET IS FOR SHORT TERM ( 2 DAYS TO 3 MONTHS ).
Watchout for Resistance BreakdownOrient Electric is involved in the business activities of Manufacture of domestic appliances.
Orient Electric is currently trading at its support levels. 4th Quarterly Result is going to be crucial for the stock to decide which side to move.
Fresh Position recommended only above 281 levels. Existing Position holder can hold their position with SL at 259.
Do share your feedback & queries. It is valuable for me.
Orient Electric LongGood fundamental stock and right entry.
TL is so strong coming from strong zones.
Target 300 and 330. SL of 260 _ at good Risk Reward Ratio.
Thank You!
Orient Electric - Curve Channel - Swing Low - LongOrient Electric has formed parallel Cure Channel in Swing Low.
Buy - 313 and Above.
SL - 308
Target - 341
Disclaimer: Kindly do your own analysis before executing the trade.
DAILY SWING CALL // Wednesday 10th of March 2021 // ORIENTELECDAILY SWING CALL // Wednesday 10th of March 2021 / NSE:ORIENTELEC
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 292.35
TARGET: + 337 (15% Around)
STOP LOSS: 262 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
Flag pattern breakout Reasons to buy :
1) flag pattern breakout
2) fundamentally strong stock
3) season demand
Target is mentioned in the picture.
Orient ElectricOrient Electric had given breakout with a good volume last week and it is continuing even in volatile market sentiment. All indicator bios are bullish. It can reach its retracement target of Rs. 375/- in near term.
Possible breakout in Orient Electric...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
ORIENTELEC - MIBORIENTELEC
06 Jan 2021
CMP 240.55
Closing and sustaining above 245, Buy
SL 230
TGT 258 / 269 / 286
Trail your SL, if the trade goes in favor.
