Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-31 View latest technical analysis

10 day averaged volume of Orissa Minerals is 16248

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	8022.55	8165.00	8165.00	7930.00	0.516 times
30 Wed Oct 2024	8111.10	8147.00	8241.85	8000.00	0.65 times
29 Tue Oct 2024	8071.70	7834.55	8100.00	7756.45	0.794 times
28 Mon Oct 2024	7834.55	7750.00	7965.15	7716.10	0.632 times
25 Fri Oct 2024	7760.15	8011.00	8050.00	7676.00	1.167 times
24 Thu Oct 2024	8073.00	8111.05	8159.25	8015.00	0.5 times
23 Wed Oct 2024	8147.15	8056.10	8330.00	7980.55	1.079 times
22 Tue Oct 2024	7963.70	8356.35	8450.00	7900.00	1.589 times
21 Mon Oct 2024	8356.35	8699.00	8781.95	8291.35	1.993 times
18 Fri Oct 2024	8806.85	8830.00	8966.90	8675.70	0.884 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8061.6, but if it comes above 8061.6, then a intra day buy could be more profitable.
If you take a sell trade below 8061.6, then use 8061.6 as stoploss and 7465.6 as target. However if you take a buy trade in stock , then use 8061.6 as stoploss and 8558.27 as target.

Share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Target	4734.05
Downside Target	6636.70
Downside Target	6834.05
Downside Target	7645.05
Upside Target	8241.85
Upside Target	8500.00
Upside Target	8705.00
Upside Target	8781.95
Upside Target	9209.80
Upside Target	9624.00
Upside Target	9721.05

Intraday share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Intraday Target	7745.15
Downside Intraday Target	7467.75
Upside Intraday Target	8270.9
Upside Intraday Target	8519.25
Downside Intraday Target	7993.5

Weekly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	8022.55	7750.00	8241.85	7716.10	0.41 times
25 Fri Oct 2024	7760.15	8699.00	8781.95	7676.00	1.284 times
18 Fri Oct 2024	8806.85	9200.00	9209.80	8675.70	0.463 times
11 Fri Oct 2024	9118.90	9281.50	9721.05	8580.05	0.73 times
04 Fri Oct 2024	9145.20	8710.00	9624.00	8705.00	1.383 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
31 Thu Oct 2024	8022.55	9248.80	9721.05	7676.00	0.461 times
30 Mon Sep 2024	9234.30	8255.00	9624.00	7645.05	1.141 times
30 Fri Aug 2024	8176.70	7389.00	8667.00	6636.70	1.153 times
31 Wed Jul 2024	7322.55	7170.00	8661.50	6834.05	0.932 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 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Orissa Minerals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Orissa Minerals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 8134.39 and Orissa Minerals (ORISSAMINE) stock is trading below this level. This means that stock is falling with high volumes. 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.