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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 2024-03-22 View latest technical analysis

10 day averaged volume of Orissa Minerals is 11954

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	5939.45	5887.40	6039.00	5737.00	0.751 times
21 Thu Mar 2024	5875.70	5850.00	5961.00	5824.00	1.447 times
20 Wed Mar 2024	5763.50	5794.95	5900.00	5700.00	0.505 times
19 Tue Mar 2024	5777.10	5958.10	6046.65	5750.00	0.871 times
18 Mon Mar 2024	5958.10	5881.15	6060.00	5832.05	0.946 times
15 Fri Mar 2024	5860.40	5949.90	6117.00	5697.10	1.261 times
14 Thu Mar 2024	5876.85	5690.00	5980.40	5655.00	1.226 times
13 Wed Mar 2024	5694.25	6170.55	6221.90	5564.40	1.522 times
12 Tue Mar 2024	6110.55	6400.00	6454.95	6077.00	1.269 times
11 Mon Mar 2024	6395.20	6540.00	6580.40	6320.00	0.486 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 5896.5 as stoploss in an intra day buy trade for a target of 6297.72. However, stock will show a bearish move below 5896.5.

Share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Target	5564.40
Downside Target	5700.00
Upside Target	6060.00
Upside Target	6400.00
Upside Target	6855.00
Upside Target	6919.90
Upside Target	6927.00
Upside Target	6950.00
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	5739.63
Downside Intraday Target	5539.82
Upside Intraday Target	6099.63
Upside Intraday Target	6259.82
Downside Intraday Target	5899.82

Weekly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	5939.45	5881.15	6060.00	5700.00	0.784 times
15 Fri Mar 2024	5860.40	6540.00	6580.40	5564.40	2.625 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

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
22 Fri Mar 2024	5939.45	6799.95	6882.00	5564.40	0.547 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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.

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 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 moving up

CCI has generated a buy signal for Orissa Minerals in short term but BUY signal is weak.

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

Stock of Orissa Minerals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5899.04 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 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.