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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 2024-12-18 View latest technical analysis

10 day averaged volume of Orissa Minerals is 6053

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	7483.40	7543.00	7578.80	7463.75	0.506 times
17 Tue Dec 2024	7543.30	7659.00	7711.00	7499.95	0.641 times
16 Mon Dec 2024	7594.05	7679.45	7737.00	7539.05	0.652 times
13 Fri Dec 2024	7679.45	7644.20	7700.00	7554.05	0.707 times
12 Thu Dec 2024	7644.20	7731.00	7761.50	7625.00	0.752 times
11 Wed Dec 2024	7730.55	7611.00	7870.00	7585.80	2.276 times
10 Tue Dec 2024	7611.95	7704.00	7739.85	7570.00	0.8 times
09 Mon Dec 2024	7686.45	7744.00	7794.05	7661.10	0.951 times
06 Fri Dec 2024	7716.40	7755.20	7877.95	7680.05	1.044 times
05 Thu Dec 2024	7755.20	7800.00	7867.95	7715.00	1.097 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 7440.1, for a target of 7565.2 or 7669.36

Share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Target	6636.70
Downside Target	7305.05
Downside Target	7463.75
Upside Target	7870.00
Upside Target	7927.00
Upside Target	8015.75
Upside Target	8349.95
Upside Target	8667.00
Upside Target	9624.00
Upside Target	9721.05

Intraday share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Intraday Target	7385.77
Downside Intraday Target	7288.13
Upside Intraday Target	7659.02
Upside Intraday Target	7834.63
Upside Intraday Target	7561.38

Weekly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	7483.40	7679.45	7737.00	7463.75	0.328 times
13 Fri Dec 2024	7679.45	7744.00	7870.00	7554.05	1.132 times
06 Fri Dec 2024	7716.40	7869.95	7927.00	7680.05	0.742 times
29 Fri Nov 2024	7818.00	7710.00	8015.75	7610.15	1.019 times
22 Fri Nov 2024	7551.65	7446.00	7767.05	7305.05	1.173 times

Price has moved down 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
18 Wed Dec 2024	7483.40	7869.95	7927.00	7463.75	0.457 times
29 Fri Nov 2024	7818.00	7925.05	8349.95	7305.05	0.323 times
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

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Orissa Minerals stock for short term is SELL. 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.

Orissa Minerals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 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 7671.16 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.