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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 2024-08-09 View latest technical analysis

10 day averaged volume of Orissa Minerals is 34325

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	7219.45	7122.85	7398.95	7109.45	0.899 times
08 Thu Aug 2024	7042.85	7300.00	7360.40	7009.00	0.882 times
07 Wed Aug 2024	7336.25	6859.95	7604.00	6710.00	2.62 times
06 Tue Aug 2024	6669.75	6849.00	7036.55	6636.70	0.799 times
05 Mon Aug 2024	6794.65	7090.00	7090.00	6767.75	1.004 times
02 Fri Aug 2024	7206.35	7200.00	7299.00	7131.65	0.44 times
01 Thu Aug 2024	7278.65	7389.00	7545.60	7211.10	0.829 times
31 Wed Jul 2024	7322.55	7698.95	7750.00	7295.00	0.959 times
30 Tue Jul 2024	7624.65	7780.70	7969.00	7591.00	0.812 times
29 Mon Jul 2024	7783.70	7811.05	7990.60	7738.90	0.765 times

My analysis of stock is bearish for shortterm, and stock might move down till 6952.8 or till 6441.9. Use a stoploss of 7378.57 and if the stock hits stoploss, then it can shoot up till 7804.33

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	6702.77
Downside Intraday Target	6186.08
Upside Intraday Target	7670.07
Upside Intraday Target	8120.68
Downside Intraday Target	7153.38

Weekly technical analysis of Orissa Minerals (ORISSAMINE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	7219.45	7090.00	7604.00	6636.70	1.631 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, 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
09 Fri Aug 2024	7219.45	7389.00	7604.00	6636.70	0.312 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 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 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 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 gaining momentum.

MACD generated a SELL signal for Orissa Minerals in short term but the sell signal is initial and weak.

Orissa Minerals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Orissa Minerals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7238.17 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.