ORISSAMINE - Weekly AnalysisIn the Weekly Chart of ORISSAMINE ,
we can see that; it has shown W shape recovery with a strong Bullish Candle.
Let it create one or two Halt candles to get more strong momentum.
Expected momentum is shown in chart.
−67.05 INR
−402.24 M INR
646.16 M INR
2.40 M
About ORISSA MIN DEV CO LTD
Sector
Industry
CEO
Vasudha Chandra Suratkal
Website
Headquarters
Bhubaneswar
Founded
1918
ISIN
INE725E01024
FIGI
BBG0014F8L13
Orissa Minerals Development Co., Ltd. engages in the exploration of mineral properties. The firm operates through the following segments: Iron Ore, Manganese Ore, and Sponge Iron. The company was founded on August 16, 1918, and is headquartered in Bhubaneswar, India.
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Good bet for swing as well short term #ORISSAMINEBouncing from support area. Good bet for swing as well short term
#ORISSAMINE
Good time to invest here
just look this breakout at once
ORISSAMINE - Multi Year BreakoutOrissa Minerals Development Company
Disclaimer:-
This is only for educational purposes. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever a
1: 3 Risk to Reward - ORISSA MINERALSPrice is respecting the trendline from October 2023 and it breakout the Triangle at 18 June with huge volume.
Now the price is retesting the former resistance line which turned into support now. Also, it seems price will form good Morning star by this weekend.
We can expect it will go to 9000 Rs w
Long term investment Orissamine formed cup with handle pattern and break out.
Next target expecting 85 percent.
Educational purposes only.
Do your analysis
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed t
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed t
ORISSAMINE Double on Weeklyit has formed double top on weekly chart & Monthly chart as well. and hovering around support trendline and 20M MA. any breakdown in the trendline gives further downside.
ORISSAMINE - 20%+ Profit potentialKey highlights:
- Marked out a few important horizontal S/R levels in order to give a better idea to the new learners.
- Do not trade in between the levels, always trade level-to-level.
- Double Bottom pattern
- Using the measurement objective, the upside target of the double bottom lies somewhere
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of ORISSAMINE is 5,228.10 INR — it has increased by 10.31% in the past 24 hours. Watch ORISSA MIN DEV CO LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange ORISSA MIN DEV CO LTD stocks are traded under the ticker ORISSAMINE.
ORISSAMINE stock has risen by 10.09% compared to the previous week, the month change is a 6.70% rise, over the last year ORISSA MIN DEV CO LTD has showed a −29.49% decrease.
ORISSAMINE reached its all-time high on Oct 10, 2024 with the price of 9,721.05 INR, and its all-time low was 521.35 INR and was reached on Aug 23, 2019. View more price dynamics on ORISSAMINE chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
ORISSAMINE stock is 12.76% volatile and has beta coefficient of 1.78. Track ORISSA MIN DEV CO LTD stock price on the chart and check out the list of the most volatile stocks — is ORISSA MIN DEV CO LTD there?
Today ORISSA MIN DEV CO LTD has the market capitalization of 31.43 B, it has increased by 0.93% over the last week.
Yes, you can track ORISSA MIN DEV CO LTD financials in yearly and quarterly reports right on TradingView.
ORISSAMINE net income for the last quarter is −314.44 M INR, while the quarter before that showed −74.93 M INR of net income which accounts for −319.62% change. Track more ORISSA MIN DEV CO LTD financial stats to get the full picture.
No, ORISSAMINE doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ORISSA MIN DEV CO LTD EBITDA is −284.61 M INR, and current EBITDA margin is −44.05%. See more stats in ORISSA MIN DEV CO LTD financial statements.
Like other stocks, ORISSAMINE shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ORISSA MIN DEV CO LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ORISSA MIN DEV CO LTD technincal analysis shows the buy rating today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ORISSA MIN DEV CO LTD stock shows the neutral signal. See more of ORISSA MIN DEV CO LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.