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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 2024-02-19 View latest technical analysis

10 day averaged volume of Orissa Minerals is 17758

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	6757.80	6820.00	6889.00	6735.05	0.364 times
16 Fri Feb 2024	6820.85	6946.00	7046.95	6800.00	0.405 times
15 Thu Feb 2024	6976.50	6999.00	7052.00	6919.40	0.494 times
14 Wed Feb 2024	6882.35	6625.00	6935.00	6625.00	0.647 times
13 Tue Feb 2024	6682.95	6600.10	6954.00	6430.00	1.949 times
12 Mon Feb 2024	6486.35	6950.00	6975.10	6441.80	1.287 times
09 Fri Feb 2024	6957.30	7097.90	7099.00	6777.00	1.09 times
08 Thu Feb 2024	7022.20	7200.00	7200.00	7000.00	0.66 times
07 Wed Feb 2024	7159.60	7090.00	7390.00	7080.00	1.701 times
06 Tue Feb 2024	7081.40	7075.00	7180.00	7002.05	0.625 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6648 as stoploss in an intra day buy trade for a target of 6911.54. However, stock will show a bearish move below 6648.

Share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Target	5262.15
Downside Target	6400.00
Downside Target	6735.05
Upside Target	7126.50
Upside Target	7390.00
Upside Target	7550.00
Upside Target	7599.00
Upside Target	7688.00
Upside Target	7700.00
Upside Target	8344.00

Intraday share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Intraday Target	6698.9
Downside Intraday Target	6640
Upside Intraday Target	6852.85
Upside Intraday Target	6947.9
Upside Intraday Target	6793.95

Weekly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	6757.80	6820.00	6889.00	6735.05	0.076 times
16 Fri Feb 2024	6820.85	6950.00	7052.00	6430.00	0.916 times
09 Fri Feb 2024	6957.30	7114.00	7390.00	6777.00	0.467 times
02 Fri Feb 2024	7114.50	6500.00	7599.00	6430.20	2.518 times
25 Thu Jan 2024	6423.30	6865.00	7126.50	6400.00	0.89 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
19 Mon Feb 2024	6757.80	7539.95	7550.00	6430.00	0.431 times
31 Wed Jan 2024	7426.40	7125.00	7599.00	6400.00	0.855 times
29 Fri Dec 2023	7093.95	7299.00	8344.00	6950.00	0.823 times
30 Thu Nov 2023	7280.80	6623.00	7700.00	6499.00	0.404 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Orissa Minerals ( (ORISSAMINE) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 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 6865.88 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.