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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 2024-05-18 View latest technical analysis

10 day averaged volume of Orissa Minerals is 11484

Date	Daily Closing Price	Open	High	Low	Volume
18 Sat May 2024	6262.00	6321.00	6339.95	6213.45	1.821 times
17 Fri May 2024	6540.45	6500.00	6735.00	6405.05	2.039 times
16 Thu May 2024	6327.85	6405.00	6446.00	6300.00	0.403 times
15 Wed May 2024	6364.70	6350.00	6500.00	6316.00	0.798 times
14 Tue May 2024	6308.20	6399.95	6440.00	6251.00	0.677 times
13 Mon May 2024	6321.65	6396.10	6396.10	6150.00	0.509 times
10 Fri May 2024	6348.50	6240.00	6390.00	6070.00	1.153 times
09 Thu May 2024	6153.00	6470.00	6543.80	6096.90	1.333 times
08 Wed May 2024	6495.35	6533.00	6640.00	6466.00	0.689 times
07 Tue May 2024	6523.70	6725.00	6772.00	6450.00	1.289 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6340.1, but if it comes above 6340.1, then a intra day buy could be more profitable.
If you take a sell trade below 6340.1, then use 6340.1 as stoploss and 6079.2 as target. However if you take a buy trade in stock , then use 6340.1 as stoploss and 6557.43 as target.

Share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Target	5564.40
Downside Target	5933.75
Downside Target	6070.00
Upside Target	6400.00
Upside Target	6590.00
Upside Target	6735.00
Upside Target	6932.05
Upside Target	6975.00
Upside Target	6999.00
Upside Target	7179.00
Upside Target	7230.00
Upside Target	7550.00
Upside Target	7599.00

Intraday share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Intraday Target	6029.67
Downside Intraday Target	5797.33
Upside Intraday Target	6614.67
Upside Intraday Target	6967.33
Upside Intraday Target	6382.33

Weekly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Sat May 2024	6262.00	6396.10	6735.00	6150.00	1.121 times
10 Fri May 2024	6348.50	6932.05	6932.05	6070.00	0.737 times
03 Fri May 2024	6863.10	6769.00	7179.00	6590.00	1.365 times
26 Fri Apr 2024	6699.80	6600.50	6975.00	6600.50	1.238 times
19 Fri Apr 2024	6596.65	6709.95	6855.00	6453.05	0.282 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 Sat May 2024	6262.00	6924.65	6999.00	6070.00	0.378 times
30 Tue Apr 2024	6890.00	5944.95	7230.00	5933.75	2.088 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

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 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Orissa Minerals stock for short term is SELL. Signal strength is Weak and stock is losing 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 green color and prices are in or below the green 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 but buying is losing 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 6373.16 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.