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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 2024-06-07 View latest technical analysis

10 day averaged volume of Orissa Minerals is 26979

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	6302.85	6350.00	6490.00	6237.15	0.878 times
06 Thu Jun 2024	6266.85	5850.00	6648.00	5817.60	3.333 times
05 Wed Jun 2024	5800.60	5400.00	5980.00	5162.00	1.955 times
04 Tue Jun 2024	5244.85	5790.00	5870.00	4734.05	1.28 times
03 Mon Jun 2024	5784.45	5899.00	6000.00	5699.95	0.422 times
31 Fri May 2024	5641.10	5606.00	5725.15	5375.10	0.89 times
30 Thu May 2024	5588.75	5663.40	5775.00	5550.00	0.271 times
29 Wed May 2024	5663.40	5560.00	5751.60	5560.00	0.257 times
28 Tue May 2024	5684.45	5890.00	5890.65	5579.00	0.657 times
27 Mon May 2024	5832.10	5989.00	5989.00	5817.05	0.46 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 6308 as stoploss in an intra day sell trade for a target of 5977.35. However, stock will show a bullish move above 6308.

Share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Target	4734.05
Downside Target	5375.10
Downside Target	5564.40
Downside Target	5832.05
Upside Target	6430.00
Upside Target	6648.00
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	5141.93
Downside Intraday Target	3981.02
Upside Intraday Target	7055.88
Upside Intraday Target	7808.92
Downside Intraday Target	5894.97

Weekly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	6302.85	5899.00	6648.00	4734.05	3.105 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	6302.85	5899.00	6648.00	4734.05	0.653 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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 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 5894.85 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.