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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 2024-05-17 View latest technical analysis

10 day averaged volume of Orissa Minerals is 10322

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri May 2024	6540.45	6500.00	6735.00	6405.05	2.269 times
16 Thu May 2024	6327.85	6405.00	6446.00	6300.00	0.448 times
15 Wed May 2024	6364.70	6350.00	6500.00	6316.00	0.888 times
14 Tue May 2024	6308.20	6399.95	6440.00	6251.00	0.753 times
13 Mon May 2024	6321.65	6396.10	6396.10	6150.00	0.567 times
10 Fri May 2024	6348.50	6240.00	6390.00	6070.00	1.283 times
09 Thu May 2024	6153.00	6470.00	6543.80	6096.90	1.483 times
08 Wed May 2024	6495.35	6533.00	6640.00	6466.00	0.767 times
07 Tue May 2024	6523.70	6725.00	6772.00	6450.00	1.434 times
06 Mon May 2024	6731.50	6932.05	6932.05	6710.00	1.234 times

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

My analysis of stock is bearish for shortterm, and stock might move down till 6367.6 or till 6119.6. Use a stoploss of 6574.16 and if the stock hits stoploss, then it can shoot up till 6780.76

Share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Target	5564.40
Downside Target	5933.75
Downside Target	6070.00
Downside Target	6400.00
Upside Target	6590.00
Upside Target	6735.00
Upside Target	6932.05
Upside Target	6975.00
Upside Target	6999.00
Upside Target	7179.00
Upside Target	7230.00
Upside Target	7550.00
Upside Target	7599.00

Intraday share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Intraday Target	6215.3
Downside Intraday Target	5890.15
Upside Intraday Target	6800.3
Upside Intraday Target	7060.15
Downside Intraday Target	6475.15

Weekly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri May 2024	6540.45	6396.10	6735.00	6150.00	0.794 times
10 Fri May 2024	6348.50	6932.05	6932.05	6070.00	0.737 times
03 Fri May 2024	6863.10	6769.00	7179.00	6590.00	1.365 times
26 Fri Apr 2024	6699.80	6600.50	6975.00	6600.50	1.238 times
19 Fri Apr 2024	6596.65	6709.95	6855.00	6453.05	0.282 times

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

Monthly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Fri May 2024	6540.45	6924.65	6999.00	6070.00	0.328 times
30 Tue Apr 2024	6890.00	5944.95	7230.00	5933.75	2.088 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

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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Orissa Minerals ( (ORISSAMINE) ) based on a short to mid 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.

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 Weak and stock is gaining 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY 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 6433.14 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 positive

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