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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 2024-08-08 View latest technical analysis

10 day averaged volume of Orissa Minerals is 38814

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	7042.85	7300.00	7360.40	7009.00	0.78 times
07 Wed Aug 2024	7336.25	6859.95	7604.00	6710.00	2.317 times
06 Tue Aug 2024	6669.75	6849.00	7036.55	6636.70	0.707 times
05 Mon Aug 2024	6794.65	7090.00	7090.00	6767.75	0.888 times
02 Fri Aug 2024	7206.35	7200.00	7299.00	7131.65	0.389 times
01 Thu Aug 2024	7278.65	7389.00	7545.60	7211.10	0.733 times
31 Wed Jul 2024	7322.55	7698.95	7750.00	7295.00	0.848 times
30 Tue Jul 2024	7624.65	7780.70	7969.00	7591.00	0.718 times
29 Mon Jul 2024	7783.70	7811.05	7990.60	7738.90	0.676 times
26 Fri Jul 2024	7837.55	8100.00	8164.30	7761.80	0.788 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 6963.1 as stoploss in an intra day buy trade for a target of 7387.29. However, stock will show a bearish move below 6963.1.

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	6585.03
Downside Intraday Target	6127.22
Upside Intraday Target	7552.33
Upside Intraday Target	8061.82
Upside Intraday Target	7094.52

Weekly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	7042.85	7090.00	7604.00	6636.70	1.394 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
08 Thu Aug 2024	7042.85	7389.00	7604.00	6636.70	0.275 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 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 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.

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 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 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 7293.29 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.