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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 2024-04-09 View latest technical analysis

10 day averaged volume of Orissa Minerals is 11245

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	6960.25	6300.00	7075.00	6225.00	9.076 times
08 Mon Apr 2024	6259.70	6325.00	6355.00	6200.00	0.516 times
05 Fri Apr 2024	6272.70	6325.00	6325.00	6226.00	0.361 times
04 Thu Apr 2024	6320.00	6370.00	6480.00	6280.00	1.224 times
03 Wed Apr 2024	6360.00	6133.65	6512.00	6084.05	1.999 times
02 Tue Apr 2024	6133.70	6120.00	6220.00	6084.10	0.528 times
01 Mon Apr 2024	6120.95	5944.95	6147.00	5933.75	0.9 times
28 Thu Mar 2024	5913.15	6100.00	6100.00	5899.95	1.086 times
27 Wed Mar 2024	6023.40	5900.00	6067.70	5845.35	1.684 times
26 Tue Mar 2024	5803.05	5939.00	6035.00	5776.00	0.902 times

Stock of Orissa Minerals (ORISSAMINE) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 6711.9, for a target of 6362.3 or 6070.9

Share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Target	5564.40
Downside Target	5700.00
Downside Target	5933.75
Downside Target	6060.00
Downside Target	6400.00
Downside Target	6882.00
Downside Target	6950.00
Upside Target	7075.00
Upside Target	7550.00
Upside Target	7599.00
Upside Target	8344.00

Intraday share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Intraday Target	6415.17
Downside Intraday Target	5870.08
Upside Intraday Target	7290.17
Upside Intraday Target	7620.08
Downside Intraday Target	6745.08

Weekly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	6960.25	6325.00	7075.00	6200.00	1.914 times
05 Fri Apr 2024	6272.70	5944.95	6512.00	5933.75	1.365 times
28 Thu Mar 2024	5913.15	5939.00	6100.00	5776.00	0.764 times
22 Fri Mar 2024	5939.45	5881.15	6060.00	5700.00	0.784 times
15 Fri Mar 2024	5860.40	6540.00	6580.40	5564.40	2.625 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
09 Tue Apr 2024	6960.25	5944.95	7075.00	5933.75	0.82 times
28 Thu Mar 2024	5913.15	6799.95	6882.00	5564.40	0.689 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

Scroll below to view daily charts

Price has moved up 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Orissa Minerals ( (ORISSAMINE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

ADX buy sell signal for Orissa Minerals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Orissa Minerals in short term but the buy signal is initial and weak.

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

Orissa Minerals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Orissa Minerals in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6547.46 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 rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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