ORIENTELEC 1 Day View

📊 Intraday Support & Resistance Levels

Support Levels:

₹201.10

₹199.70

₹198.60

Resistance Levels:

₹203.50

₹204.70

₹206.00

These levels are derived from recent price action and pivot point analysis.

🔍 Technical Indicators

Relative Strength Index (RSI): 62.39 — indicates a bullish momentum without being overbought.

Moving Averages: The stock is above its 200-day exponential moving average (EMA), suggesting a positive long-term trend.

MACD: Neutral at 0.000, implying no strong directional momentum.

🔁 Pivot Points (Daily)

Central Pivot Point: ₹202.18

Resistance: ₹203.54 (R1), ₹204.65 (R2), ₹206.01 (R3)

Support: ₹201.07 (S1), ₹199.71 (S2), ₹198.60 (S3)

These levels are based on standard pivot point calculations and can help identify potential reversal zones.