Orient Electric - Strong Weekly SupportOrient Electric - Strong Weekly Support
- Weekly Support
- Weekly Flip Support
Next report date
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Report period
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EPS estimate
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Revenue estimate
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2.90 INR
752.70 M INR
28.09 B INR
115.06 M
About ORIENT ELECTRIC LTD
Sector
Industry
CEO
Ravindra Singh Negi
Website
Headquarters
New Delhi
Founded
1954
ISIN
INE142Z01019
FIGI
BBG00HM5V7P9
Orient Electric Ltd. is engages in the manufacture and sale of electronic equipment. It operates through the Electrical Consumer Durables and Lighting and Switchgear segments. The Electrical Consumer Durables segment involves in the manufacture, purchase, and sale of electric fans such as ceiling, portable, and airflow, as well as components, accessories, and appliances. The Lighting and Switchgear segment comprises manufacture, purchase, and sale of lights, luminaries and switchgears. The company was founded in 1954 and is headquartered in New Delhi, India.
50 SMA Rising - Swing TradingI am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
50 SMA Rising strategy. Suitable for Swing Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SM
SWING IDEA - ORIENTELECPrice Action downward, however MACD taking trajectory upward.
As long as 225 levels are maintained, stock can seeing upward momentum.
Stock has also crossed 200 EMA.
Note: 225 is the key support level to start going upward. Any break or weekly close below this level will invalidate the above setup.
Orient Electric analysisThe technical analysis for Orient Electric Ltd. remains mixed. The stock faces resistance and is in a downtrend over the long term. The short-term trend is neutral.
The closest support zone is around 250-235 supported by moving averages, The volume is relatively low, suggesting not much conviction
Breakout after a long term correction "ORIENTELEC"Orient Electric is now showing momentum in 1W time frame after a 2 year correction.
ORIENTELEC LongMarket Cap ₹ 5,167 Cr.
Orient Electric is one of the leading consumer electrical brands in India with a diverse portfolio of fans, lighting, home appliances and switch-gears. The company takes pride in its R&D capabilities, spirit of continuous innovation and commitment to manufacturing cutting-ed
Lapu Star breakoutA cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift.
The cup and handle is considered a bullish signal, with the right-hand side of the pattern typic
Swing tradeThere is a reversal.
good support at 214 which can be stop loss on day close basis
enter above 222, for a 10 % move.
EXPECTED IMPORTANT DIRECTIONAL LEVELS FOR THE YEAR Hey Folks..!
I have marked all the important directional level for this year.
All the levels have the description, Bullish movements is expected in bullish range and Downside is expected in the bearish range.
Use the levels either Standalone or Club these levels with your existing trading style & s
Positive Divergence along with High Volumes. Have a look at Self explanatory chart with my comments.
Showing positive divergence.
Can be good chance to do bottom fishing.
If price remains below 218.05 well and good.
Make or break level 203 to 205.
Strict stoploss should be in place.
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of ORIENTELEC is 224.81 INR — it has increased by 0.67% in the past 24 hours. Watch ORIENT ELECTRIC LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange ORIENT ELECTRIC LTD stocks are traded under the ticker ORIENTELEC.
ORIENTELEC stock has fallen by −6.39% compared to the previous week, the month change is a −2.76% fall, over the last year ORIENT ELECTRIC LTD has showed a 3.58% increase.
We've gathered analysts' opinions on ORIENT ELECTRIC LTD future price: according to them, ORIENTELEC price has a max estimate of 330.00 INR and a min estimate of 222.00 INR. Watch ORIENTELEC chart and read a more detailed ORIENT ELECTRIC LTD stock forecast: see what analysts think of ORIENT ELECTRIC LTD and suggest that you do with its stocks.
ORIENTELEC reached its all-time high on Nov 30, 2021 with the price of 408.00 INR, and its all-time low was 103.25 INR and was reached on Jul 18, 2018. View more price dynamics on ORIENTELEC chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
ORIENTELEC stock is 3.19% volatile and has beta coefficient of 1.12. Track ORIENT ELECTRIC LTD stock price on the chart and check out the list of the most volatile stocks — is ORIENT ELECTRIC LTD there?
Today ORIENT ELECTRIC LTD has the market capitalization of 48.39 B, it has increased by 0.31% over the last week.
Yes, you can track ORIENT ELECTRIC LTD financials in yearly and quarterly reports right on TradingView.
ORIENT ELECTRIC LTD is going to release the next earnings report on Feb 3, 2025. Keep track of upcoming events with our Earnings Calendar.
ORIENTELEC earnings for the last quarter are 0.50 INR per share, whereas the estimation was 0.44 INR resulting in a 13.64% surprise. The estimated earnings for the next quarter are 1.90 INR per share. See more details about ORIENT ELECTRIC LTD earnings.
ORIENT ELECTRIC LTD revenue for the last quarter amounts to 6.60 B INR, despite the estimated figure of 6.21 B INR. In the next quarter, revenue is expected to reach 8.74 B INR.
ORIENTELEC net income for the last quarter is 104.40 M INR, while the quarter before that showed 143.40 M INR of net income which accounts for −27.20% change. Track more ORIENT ELECTRIC LTD financial stats to get the full picture.
ORIENT ELECTRIC LTD dividend yield was 0.78% in 2023, and payout ratio reached 42.51%. The year before the numbers were 0.55% and 42.04% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 21, 2024, the company has 3.54 K employees. See our rating of the largest employees — is ORIENT ELECTRIC LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ORIENT ELECTRIC LTD EBITDA is 1.55 B INR, and current EBITDA margin is 5.17%. See more stats in ORIENT ELECTRIC LTD financial statements.
Like other stocks, ORIENTELEC shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ORIENT ELECTRIC LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ORIENT ELECTRIC LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ORIENT ELECTRIC LTD stock shows the sell signal. See more of ORIENT ELECTRIC LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.