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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 2024-08-05 View latest technical analysis

10 day averaged volume of Orissa Minerals is 56628

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	6794.65	7090.00	7090.00	6767.75	0.608 times
02 Fri Aug 2024	7206.35	7200.00	7299.00	7131.65	0.267 times
01 Thu Aug 2024	7278.65	7389.00	7545.60	7211.10	0.502 times
31 Wed Jul 2024	7322.55	7698.95	7750.00	7295.00	0.581 times
30 Tue Jul 2024	7624.65	7780.70	7969.00	7591.00	0.492 times
29 Mon Jul 2024	7783.70	7811.05	7990.60	7738.90	0.464 times
26 Fri Jul 2024	7837.55	8100.00	8164.30	7761.80	0.54 times
25 Thu Jul 2024	8095.65	8260.05	8444.80	8040.50	1.327 times
24 Wed Jul 2024	8545.05	7231.65	8661.50	7199.15	4.926 times
23 Tue Jul 2024	7217.95	7030.60	7390.00	6917.60	0.65 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7004.6, but if it comes above 7004.6, then a intra day buy could be more profitable.
If you take a sell trade below 7004.6, then use 7004.6 as stoploss and 6524.2 as target. However if you take a buy trade in stock , then use 7004.6 as stoploss and 7405.02 as target.

Share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Target	4734.05
Downside Target	5375.10
Downside Target	5933.75
Downside Target	6767.75
Upside Target	7230.00
Upside Target	7545.60
Upside Target	7549.80
Upside Target	7650.00
Upside Target	7990.60
Upside Target	8500.00
Upside Target	8661.50

Intraday share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Intraday Target	6678.27
Downside Intraday Target	6561.88
Upside Intraday Target	7000.52
Upside Intraday Target	7206.38
Upside Intraday Target	6884.13

Weekly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	6794.65	7090.00	7090.00	6767.75	0.264 times
02 Fri Aug 2024	7206.35	7811.05	7990.60	7131.65	0.3 times
26 Fri Jul 2024	7837.55	6901.00	8661.50	6863.20	7.118 times
19 Fri Jul 2024	7079.90	7331.00	7549.80	7031.90	0.437 times
12 Fri Jul 2024	7428.80	7392.75	7650.00	6834.05	1.436 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
05 Mon Aug 2024	6794.65	7389.00	7545.60	6767.75	0.095 times
31 Wed Jul 2024	7322.55	7170.00	8661.50	6834.05	0.932 times
28 Fri Jun 2024	7106.15	5899.00	8500.00	4734.05	2.714 times
31 Fri May 2024	5641.10	6924.65	6999.00	5375.10	0.777 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.

Orissa Minerals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 8022.21 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.