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 2024-04-04 View latest technical analysis

10 day averaged volume of Orissa Minerals is 12256

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	6320.00	6370.00	6480.00	6280.00	1.123 times
03 Wed Apr 2024	6360.00	6133.65	6512.00	6084.05	1.834 times
02 Tue Apr 2024	6133.70	6120.00	6220.00	6084.10	0.484 times
01 Mon Apr 2024	6120.95	5944.95	6147.00	5933.75	0.826 times
28 Thu Mar 2024	5913.15	6100.00	6100.00	5899.95	0.997 times
27 Wed Mar 2024	6023.40	5900.00	6067.70	5845.35	1.545 times
26 Tue Mar 2024	5803.05	5939.00	6035.00	5776.00	0.828 times
22 Fri Mar 2024	5939.45	5887.40	6039.00	5737.00	0.732 times
21 Thu Mar 2024	5875.70	5850.00	5961.00	5824.00	1.412 times
20 Wed Mar 2024	5763.50	5794.95	5900.00	5700.00	0.492 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 6375.5 as stoploss in an intra day sell trade for a target of 6086.18. However, stock will show a bullish move above 6375.5.

Share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Target	5564.40
Downside Target	5700.00
Downside Target	5933.75
Downside Target	6060.00
Upside Target	6400.00
Upside Target	6580.40
Upside Target	6855.00
Upside Target	6882.00
Upside Target	6950.00
Upside Target	7550.00
Upside Target	7599.00
Upside Target	8344.00

Intraday share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Intraday Target	5998.5
Downside Intraday Target	5677
Upside Intraday Target	6576.75
Upside Intraday Target	6833.5
Downside Intraday Target	6255.25

Weekly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	6320.00	5944.95	6512.00	5933.75	1.266 times
28 Thu Mar 2024	5913.15	5939.00	6100.00	5776.00	0.764 times
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

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
04 Thu Apr 2024	6320.00	5944.95	6512.00	5933.75	0.261 times
28 Thu Mar 2024	5913.15	6799.95	6882.00	5564.40	0.689 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

Scroll below to view daily charts

Price has moved up 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 to mid 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Orissa Minerals in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a buy signal for Orissa Minerals in short term and BUY 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 6061.79 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 rising upwards.

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 is giving positive 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.