Mining & Minerals

ORISSAMINE

The Orissa Minerals Development Company Ltd.

Wait and Watch

Early Trend
Stage 2 VCP active Vol compression Handle

Setup readiness

Early Trend

26.0/100
Entry Zone
₹4435.5-4552.6
Support Level
₹4271.3
Resistance
₹5436.0
Risk / Reward
3.1 : 1
Risk Distance
6.2% to stop

Reference levels for educational study only. Not a recommendation to buy or sell.

RS
45.0
ADX
17.0
Vol
28.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Developing setup

Some constructive elements are present, but leadership and breakout quality remain mixed.

Relative strength Weak
Breakout readiness Low
Accumulation Constructive

Bullish factors

  • Moderate distance from 52w high (-33% below).
  • Relative strength remains below leadership thresholds.
  • 1 prior pivot rejection in last 60d (-8 pts).
  • BB squeeze — energy building.
  • Pivot type: sloppy — lower follow-through expected.
  • RSI 52 — ideal setup zone.
  • Handle formation — consolidation after the prior advance.
  • OBV divergence — price flat, volume rising: hidden strength.
  • Recent volume expansion — institutional participation may be returning.
  • Volume flow suggests quiet institutional accumulation.

Risk factors

  • 5 distribution days recently — institutional selling
  • Price up but OBV diverging — demand weakening
  • Heavy overhead supply (74%) — trapped sellers above

Why not 100?

  • RS rank is below elite leadership band (<90)
  • Volume quality is not in top confirmation range yet

Overall view

Short-term accumulation is visible, though it should be weighed against trend and RS context. Short-term compression is improving, though broader structure still warrants patience before breakout confirmation.

Trade management framework

Research framework only. Use your own risk controls.

  • If price moves +1R, consider reducing downside by moving stop closer to entry.
  • If price reaches around +1.5R to +2R, consider partial profit booking (for example 20-30%).
  • If trend extends beyond +2R, consider trailing below a fast trend reference (for example 21 EMA).
Size this trade

Setup research

ORISSAMINE — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

C
40/100 Mixed — needs patience

Why now

Building toward the pivot (9% below)

  • Volume 2.0× the 50-day average
  • Volume drying up into the base — supply fading
  • Handle formed after the prior advance
  • Confirmed Stage 2 uptrend

Flagged today

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 2 — tradable
  • Sector RS Lagging group
  • Relative strength Lagging (RS 45)
  • Trend strength Weak (ADX 17)

What invalidates it

This idea is wrong below ₹4271.3 (-3.7% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹4271.3
  • Pivot — failure re-entry below₹4530.0

Risk distance

6.2% to stop
1.8× ATR
3.1× R:R
19.4% reward

Risk ≈ ₹281.33/share from entry ₹4552.6.

Reasons to skip 3

Disqualifiers that apply even if the score looks good.

  • 5 distribution days recently — institutional selling
  • Price up but OBV diverging — demand weakening
  • Heavy overhead supply (74%) — trapped sellers above

ORISSAMINE Support & Resistance Levels

Trader brief

What to understand

ORISSAMINE Entry, Stop-Loss & Targets

Research heuristic · not a buy/sell call

Low scanner score suggests weak or incomplete structure. Use this page for context, not as a primary trade candidate until the score and trend improve.

Setup quality Weak · 26.0
Entry readiness Building · 50
AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

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Pattern context 52w · setup · flow

52-week range

Stage-2 ideal band  ·  Early recovery

Setup highlights

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Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

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Session flow 60 trading days
OBV trend On-balance volume · same window
·
Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

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Chase / failure risk

Honest read on exhaustion & extended moves

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Base / VCP coil

Depth, contractions & pivot distance

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Setup quality radar

Shape of the setup in one view

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Setup metrics Weak

ORISSAMINE Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest research scan.

Weak · 26.0
Volume Profile bearish
POC₹4183.45
VAH₹4457.8
VAL₹3952.42
Vol above POC45.0%
Institutional Activity — Distribution
Avg cost basis₹4278.85
Acc zone₹3117.3–4530.0
Accumulation Sessions4
CMF-0.13

Structure

Trend / stage
Stage 2 (Early)
Stage 2
RS rank
45.0
Weakening
ADX
17.0
Weak

Momentum

RSI
52.0
Neutral
Volume quality
28.0
Thin
Relative strength
Lagging
Neutral

Risk

Failure risk
52.0
Moderate
Distribution
5 day(s)
Distribution
Volatility
7 VCP
Contracting
More scanner fields
Sector RS 0.0%
Base 16w · 31.6%
VCP waves 7x
Vol dry-up Yes
Avg value ₹10.6 Cr
Failure flags Distribution cluster, Overhead supply, RS laggard
Peer comparison Sector peers

Sector Peer Comparison

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ORISSAMINE FAQ Common swing-trading questions

Frequently asked questions about ORISSAMINE

Is ORISSAMINE a good swing trade right now?

On Swing Edge's swing-setup framework, The Orissa Minerals Development Company Ltd. (ORISSAMINE) currently grades C — mixed — needs patience. Building toward the pivot (9% below). Flagged today. This is educational research, not investment advice.

What are ORISSAMINE's support and resistance levels?

For ORISSAMINE, near-term support sits around ₹4,271.3 (the base/stop zone); overhead resistance is around ₹4,530.0 (the breakout pivot); the next resistance above is ₹5,436.0. This is educational research, not investment advice.

What is the breakout / pivot level for ORISSAMINE?

The breakout pivot for ORISSAMINE is around ₹4,530.0. Price is about 9.1% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is ORISSAMINE above its 50-day and 200-day moving averages?

Yes — ORISSAMINE is in a confirmed Stage 2 uptrend, trading above its rising 50- and 200-day moving averages, the zone where swing setups tend to work best. This is educational research, not investment advice.

How strong is ORISSAMINE versus the market (RS rank)?

ORISSAMINE has a relative strength (RS) rank of 45 out of 100 versus the NSE universe, making it lagging the broader market on relative strength. Trend strength (ADX) reads 17, indicating a weak/choppy trend. This is educational research, not investment advice.

What are the entry, stop-loss and target levels for ORISSAMINE?

Reference swing levels for ORISSAMINE: entry around ₹4,552.6, stop-loss around ₹4,271.3, targets at ₹5,436.0 and ₹6,241.5. That works out to roughly a 3.1:1 reward-to-risk on the first target. These are reference levels for study only — this is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-06-19 — not live intraday NSE quotes.