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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 2024-08-07 View latest technical analysis

10 day averaged volume of Orissa Minerals is 57717

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	7336.25	6859.95	7604.00	6710.00	1.558 times
06 Tue Aug 2024	6669.75	6849.00	7036.55	6636.70	0.475 times
05 Mon Aug 2024	6794.65	7090.00	7090.00	6767.75	0.597 times
02 Fri Aug 2024	7206.35	7200.00	7299.00	7131.65	0.261 times
01 Thu Aug 2024	7278.65	7389.00	7545.60	7211.10	0.493 times
31 Wed Jul 2024	7322.55	7698.95	7750.00	7295.00	0.57 times
30 Tue Jul 2024	7624.65	7780.70	7969.00	7591.00	0.483 times
29 Mon Jul 2024	7783.70	7811.05	7990.60	7738.90	0.455 times
26 Fri Jul 2024	7837.55	8100.00	8164.30	7761.80	0.53 times
25 Thu Jul 2024	8095.65	8260.05	8444.80	8040.50	1.302 times

My analysis of stock is bearish for shortterm, and stock might move down till 6953.3 or till 6438.6. Use a stoploss of 7382.17 and if the stock hits stoploss, then it can shoot up till 7811.08

Share price targets for Orissa Minerals (ORISSAMINE)

Target Type	Value
Downside Target	4734.05
Downside Target	5375.10
Downside Target	5933.75
Downside Target	6636.70
Downside Target	6834.05
Upside Target	7549.80
Upside Target	7604.00
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	6780.63
Downside Intraday Target	6225.02
Upside Intraday Target	7747.93
Upside Intraday Target	8159.62
Downside Intraday Target	7192.32

Weekly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	7336.25	7090.00	7604.00	6636.70	1.163 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 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
07 Wed Aug 2024	7336.25	7389.00	7604.00	6636.70	0.238 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 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 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 neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Orissa Minerals in short term but the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Orissa Minerals in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 7468.16 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.