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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 2024-06-03 View latest technical analysis

10 day averaged volume of Orissa Minerals is 18758

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	5784.45	5899.00	6000.00	5699.95	0.607 times
31 Fri May 2024	5641.10	5606.00	5725.15	5375.10	1.279 times
30 Thu May 2024	5588.75	5663.40	5775.00	5550.00	0.389 times
29 Wed May 2024	5663.40	5560.00	5751.60	5560.00	0.369 times
28 Tue May 2024	5684.45	5890.00	5890.65	5579.00	0.946 times
27 Mon May 2024	5832.10	5989.00	5989.00	5817.05	0.661 times
24 Fri May 2024	5924.15	5950.00	6014.05	5885.00	0.684 times
23 Thu May 2024	5911.65	5969.80	6063.00	5890.00	0.675 times
22 Wed May 2024	5910.70	5984.00	6090.00	5832.05	1.245 times
21 Tue May 2024	5866.30	5900.60	6085.00	5839.25	2.636 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 5757.7 as stoploss in an intra day buy trade for a target of 6072.62. However, stock will show a bearish move below 5757.7.

Share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Target	5375.10
Downside Target	5564.40
Downside Target	5699.95
Upside Target	5832.05
Upside Target	6150.00
Upside Target	6430.00
Upside Target	6735.00
Upside Target	6882.00
Upside Target	6932.05
Upside Target	6999.00
Upside Target	7230.00
Upside Target	7550.00

Intraday share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Intraday Target	5656.27
Downside Intraday Target	5528.08
Upside Intraday Target	5956.32
Upside Intraday Target	6128.18
Upside Intraday Target	5828.13

Weekly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	5784.45	5899.00	6000.00	5699.95	0.167 times
31 Fri May 2024	5641.10	5989.00	5989.00	5375.10	0.695 times
24 Fri May 2024	5924.15	5900.60	6090.00	5832.05	1.37 times
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

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
03 Mon Jun 2024	5784.45	5899.00	6000.00	5699.95	0.035 times
31 Fri May 2024	5641.10	6924.65	6999.00	5375.10	0.777 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

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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

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 and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 5804.15 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.