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(ORISSAMINE) Orissa Minerals complete technical analysis [charts+indicators] | Buy/Sell Orissa Minerals | (ORISSAMINE) share price targets

Complete technical analysis of Orissa Minerals (ORISSAMINE) by charts plus indicators, forecast predictions and share price targets for Orissa Minerals (ORISSAMINE)

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Orissa Minerals is 9024

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	6744.10	6715.00	6800.00	6715.00	0.088 times
01 Fri Mar 2024	6716.50	6799.95	6882.00	6695.00	0.993 times
29 Thu Feb 2024	6785.50	6535.00	6835.00	6430.00	2.026 times
28 Wed Feb 2024	6519.80	6706.25	6767.00	6451.25	1.243 times
27 Tue Feb 2024	6706.10	6827.00	6927.00	6666.00	1.132 times
26 Mon Feb 2024	6741.70	6751.00	6847.40	6659.95	0.968 times
23 Fri Feb 2024	6735.00	6800.00	6865.00	6701.00	0.656 times
22 Thu Feb 2024	6766.10	6750.10	6830.00	6683.80	0.544 times
21 Wed Feb 2024	6766.00	6756.00	6846.70	6720.00	0.775 times
20 Tue Feb 2024	6799.25	6735.00	6919.90	6735.00	0.948 times

My analysis of stock is bearish for shortterm, and stock might move down till 6640.8 or till 6443.3. Use a stoploss of 6805.37 and if the stock hits stoploss, then it can shoot up till 6969.97

Share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Target	6400.00
Downside Target	6683.80
Upside Target	6927.00
Upside Target	6950.00
Upside Target	7052.00
Upside Target	7390.00
Upside Target	7550.00
Upside Target	7599.00
Upside Target	7700.00
Upside Target	8344.00

Intraday share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Intraday Target	6473.73
Downside Intraday Target	6203.37
Upside Intraday Target	6970.73
Upside Intraday Target	7197.37
Downside Intraday Target	6700.37

Weekly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	6744.10	6751.00	6927.00	6430.00	1.772 times
23 Fri Feb 2024	6735.00	6820.00	6919.90	6683.80	0.387 times
16 Fri Feb 2024	6820.85	6950.00	7052.00	6430.00	0.916 times
09 Fri Feb 2024	6957.30	7114.00	7390.00	6777.00	0.467 times
02 Fri Feb 2024	7114.50	6500.00	7599.00	6430.20	2.518 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	6744.10	6799.95	6882.00	6695.00	0.034 times
29 Thu Feb 2024	6785.50	7539.95	7550.00	6430.00	0.581 times
31 Wed Jan 2024	7426.40	7125.00	7599.00	6400.00	0.855 times
29 Fri Dec 2023	7093.95	7299.00	8344.00	6950.00	0.823 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Orissa Minerals (ORISSAMINE)

Price action analysis of Orissa Minerals ( (ORISSAMINE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Orissa Minerals ( (ORISSAMINE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Orissa Minerals ( (ORISSAMINE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Orissa Minerals ( (ORISSAMINE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Orissa Minerals stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Orissa Minerals in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Orissa Minerals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Orissa Minerals in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Orissa Minerals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6723.58 and Orissa Minerals (ORISSAMINE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Orissa Minerals (ORISSAMINE) stock. Volume based technical analysis of Orissa Minerals (ORISSAMINE) stock is negative.

Orissa Minerals Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.