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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 2024-06-11 View latest technical analysis

10 day averaged volume of Orissa Minerals is 29050

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	6513.05	6447.20	6639.00	6390.10	1.039 times
10 Mon Jun 2024	6420.25	6360.00	6600.00	6327.50	0.766 times
07 Fri Jun 2024	6302.85	6350.00	6490.00	6237.15	0.816 times
06 Thu Jun 2024	6266.85	5850.00	6648.00	5817.60	3.096 times
05 Wed Jun 2024	5800.60	5400.00	5980.00	5162.00	1.815 times
04 Tue Jun 2024	5244.85	5790.00	5870.00	4734.05	1.189 times
03 Mon Jun 2024	5784.45	5899.00	6000.00	5699.95	0.392 times
31 Fri May 2024	5641.10	5606.00	5725.15	5375.10	0.826 times
30 Thu May 2024	5588.75	5663.40	5775.00	5550.00	0.251 times
29 Wed May 2024	5663.40	5560.00	5751.60	5560.00	0.238 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6341.7, but if it comes below 6341.7, then a intra day sell could be more profitable.
If you take a sell trade below 6341.7, then use 6341.7 as stoploss and 5992.53 as target. However if you take a buy trade in stock , then use 6341.7 as stoploss and 6760.6 as target.

Share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Target	4734.05
Downside Target	5375.10
Downside Target	5564.40
Downside Target	5832.05
Downside Target	6327.50
Upside Target	6639.00
Upside Target	6648.00
Upside Target	6735.00
Upside Target	6882.00
Upside Target	6999.00
Upside Target	7230.00
Upside Target	7550.00

Intraday share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Intraday Target	6347.37
Downside Intraday Target	6181.68
Upside Intraday Target	6658.87
Upside Intraday Target	6804.68
Downside Intraday Target	6493.18

Weekly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	6513.05	6360.00	6639.00	6327.50	0.247 times
07 Fri Jun 2024	6302.85	5899.00	6648.00	4734.05	3.105 times
31 Fri May 2024	5641.10	5989.00	5989.00	5375.10	0.695 times
24 Fri May 2024	5924.15	5900.60	6090.00	5832.05	1.37 times
18 Sat May 2024	6262.00	6396.10	6735.00	6150.00	1.121 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
11 Tue Jun 2024	6513.05	5899.00	6648.00	4734.05	0.815 times
31 Fri May 2024	5641.10	6924.65	6999.00	5375.10	0.777 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

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 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 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.

ADX buy sell signal for Orissa Minerals stock for short term is BUY. Signal strength is Weak and stock is losing 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 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 6009.91 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 negative.

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