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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 2024-03-12 View latest technical analysis

10 day averaged volume of Orissa Minerals is 8152

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	6110.55	6400.00	6454.95	6077.00	1.861 times
11 Mon Mar 2024	6395.20	6540.00	6580.40	6320.00	0.713 times
07 Thu Mar 2024	6546.55	6576.00	6615.00	6526.00	0.684 times
06 Wed Mar 2024	6568.35	6683.00	6738.35	6530.50	1.083 times
05 Tue Mar 2024	6683.25	6720.00	6742.95	6635.00	0.676 times
04 Mon Mar 2024	6691.40	6787.95	6855.00	6665.90	0.778 times
02 Sat Mar 2024	6744.10	6715.00	6800.00	6715.00	0.098 times
01 Fri Mar 2024	6716.50	6799.95	6882.00	6695.00	1.099 times
29 Thu Feb 2024	6785.50	6535.00	6835.00	6430.00	2.243 times
28 Wed Feb 2024	6519.80	6706.25	6767.00	6451.25	1.375 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 6283.4, for a target of 6502.8 or 6685.64

Share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Target	6077.00
Upside Target	6400.00
Upside Target	6855.00
Upside Target	6919.90
Upside Target	6927.00
Upside Target	6950.00
Upside Target	7052.00
Upside Target	7550.00
Upside Target	7599.00
Upside Target	7700.00
Upside Target	8344.00

Intraday share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Intraday Target	5931.57
Downside Intraday Target	5752.58
Upside Intraday Target	6434.97
Upside Intraday Target	6759.38
Upside Intraday Target	6255.98

Weekly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	6110.55	6540.00	6580.40	6077.00	0.8 times
07 Thu Mar 2024	6546.55	6787.95	6855.00	6526.00	0.451 times
02 Sat Mar 2024	6744.10	6751.00	6927.00	6430.00	1.772 times
23 Fri Feb 2024	6735.00	6820.00	6919.90	6683.80	0.387 times
16 Fri Feb 2024	6820.85	6950.00	7052.00	6430.00	0.916 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
12 Tue Mar 2024	6110.55	6799.95	6882.00	6077.00	0.196 times
29 Thu Feb 2024	6785.50	7539.95	7550.00	6430.00	0.581 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

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 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 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 SELL signal in short term and selling is picking up 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 6547.9 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.