Stock analysis The Orissa Minerals Development Company Limited ORISSAMINE

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Moving Averages for The Orissa Minerals Development Company Limited

5Day Average: 4825.87
12Day Average: 4881.66
20Day Average: 5037.4
50Day Average: 5382.16
100Day Average: 6226.56
150Day Average: 6961.08
200Day Average: 7106.54

ORISSAMINE Indicators & signals

Indicator MACD (12,26,9)

4914.93, 5078.45, -187.43
Indicator MACD is in negative zone

Indicator ADX (14)

9.48, 22.74, 27.5
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 40
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of ORISSAMINE The Orissa Minerals Development Company Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
17 Thu Apr 2025	5013.50	4945.00 to 5149.70	0.84%	0.94 times
16 Wed Apr 2025	4971.90	4872.00 to 5014.90	2.03%	0.93 times
15 Tue Apr 2025	4873.00	4721.30 to 4911.80	3.81%	0.87 times
11 Fri Apr 2025	4693.95	4625.10 to 4850.00	2.56%	0.97 times
09 Wed Apr 2025	4577.00	4531.15 to 4707.45	-2.81%	0.51 times
08 Tue Apr 2025	4709.35	4560.00 to 4746.80	5.05%	1.25 times
07 Mon Apr 2025	4483.00	4310.00 to 4699.60	-7.74%	2.29 times
04 Fri Apr 2025	4859.10	4822.55 to 5219.00	-6.32%	1.29 times
03 Thu Apr 2025	5187.05	5088.90 to 5213.60	0.86%	0.48 times
02 Wed Apr 2025	5142.75	4976.50 to 5208.40	1.29%	0.63 times
01 Tue Apr 2025	5077.50	4975.00 to 5130.05	1.72%	0.79 times
28 Fri Mar 2025	4991.80	4951.00 to 5233.95	-1.63%	1.32 times

Technical analysis forecast of The Orissa Minerals Development Company Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in The Orissa Minerals Development Company Limited ORISSAMINE at this time. Stock is rising and might rise more.

It appears as if The Orissa Minerals Development Company Limited ORISSAMINE gave a large move recently.

Stock of The Orissa Minerals Development Company Limited (ORISSAMINE) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of The Orissa Minerals Development Company Limited is bullish for shortterm, and stock might move up till 5272.2 or till 5594.5. Use a stoploss of 5003.72 and if this stock hits its stoploss, then it can fall down till 4735.2

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