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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 2024-06-12 View latest technical analysis

10 day averaged volume of Orissa Minerals is 30295

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	6760.70	6599.00	6845.00	6521.00	1.156 times
11 Tue Jun 2024	6513.05	6447.20	6639.00	6390.10	0.996 times
10 Mon Jun 2024	6420.25	6360.00	6600.00	6327.50	0.734 times
07 Fri Jun 2024	6302.85	6350.00	6490.00	6237.15	0.782 times
06 Thu Jun 2024	6266.85	5850.00	6648.00	5817.60	2.968 times
05 Wed Jun 2024	5800.60	5400.00	5980.00	5162.00	1.741 times
04 Tue Jun 2024	5244.85	5790.00	5870.00	4734.05	1.14 times
03 Mon Jun 2024	5784.45	5899.00	6000.00	5699.95	0.376 times
31 Fri May 2024	5641.10	5606.00	5725.15	5375.10	0.792 times
30 Thu May 2024	5588.75	5663.40	5775.00	5550.00	0.241 times

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 6847.4, for a target of 6391.9 or 6012.33

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
Downside Target	6648.00
Downside Target	6735.00
Upside Target	6845.00
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	6443.8
Downside Intraday Target	6126.9
Upside Intraday Target	6961.3
Upside Intraday Target	7161.9
Downside Intraday Target	6644.4

Weekly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	6760.70	6360.00	6845.00	6327.50	0.412 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
12 Wed Jun 2024	6760.70	5899.00	6845.00	4734.05	0.923 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 gaining momentum.

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

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 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 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 6096.61 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.