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(OBCL) Orissa Bengal complete technical analysis [charts+indicators] | Buy/Sell Orissa Bengal | (OBCL) share price targets

Complete technical analysis of Orissa Bengal (OBCL) by charts plus indicators, forecast predictions and share price targets for Orissa Bengal (OBCL)

10 day averaged volume of Orissa Bengal is 65324

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	52.35	53.15	54.95	51.85	0.599 times
24 Wed Apr 2024	53.25	53.75	54.35	52.60	1.519 times
23 Tue Apr 2024	53.45	53.40	54.45	52.70	0.928 times
22 Mon Apr 2024	52.70	52.50	53.80	51.80	0.816 times
19 Fri Apr 2024	51.55	51.70	52.45	50.00	1.033 times
18 Thu Apr 2024	51.00	53.90	53.90	50.50	0.935 times
16 Tue Apr 2024	51.80	50.60	52.60	50.60	0.527 times
15 Mon Apr 2024	51.60	52.75	56.70	50.40	1.944 times
12 Fri Apr 2024	52.80	54.90	55.85	52.50	1.338 times
10 Wed Apr 2024	54.90	54.05	55.60	53.25	0.556 times

My analysis of stock is bearish for shortterm, and stock might move down till 50.4 or till 47.9. Use a stoploss of 52.44 and if the stock hits stoploss, then it can shoot up till 54.5

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	46.50
Downside Target	47.90
Downside Target	50.00
Downside Target	51.80
Upside Target	54.00
Upside Target	56.80
Upside Target	58.15
Upside Target	60.20
Upside Target	64.90
Upside Target	65.00
Upside Target	69.70
Upside Target	79.40

Intraday share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Intraday Target	51.12
Downside Intraday Target	49.88
Upside Intraday Target	54.27
Upside Intraday Target	56.18
Upside Intraday Target	53.03

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	52.35	52.50	54.95	51.80	0.87 times
19 Fri Apr 2024	51.55	52.75	56.70	50.00	1.666 times
12 Fri Apr 2024	52.80	56.80	56.80	52.50	0.472 times
05 Fri Apr 2024	55.35	48.50	55.90	47.90	1.287 times
28 Thu Mar 2024	47.20	54.00	54.00	46.50	0.781 times

Price has moved up 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 Bengal (OBCL)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	52.35	48.50	56.80	47.90	0.656 times
28 Thu Mar 2024	47.20	61.95	64.90	46.50	0.34 times
29 Thu Feb 2024	61.10	62.55	79.40	60.20	1.964 times
31 Wed Jan 2024	62.85	59.45	69.70	58.15	1.694 times

Scroll below to view daily charts

Price has moved up 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 Bengal (OBCL)

Price action analysis of Orissa Bengal ( (OBCL) ) based on a short 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.

Price action analysis of Orissa Bengal ( (OBCL) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Orissa Bengal ( (OBCL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Orissa Bengal ( (OBCL) ) based on a mid to longer 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.

ADX buy sell signal for Orissa Bengal stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Orissa Bengal in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Orissa Bengal 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Orissa Bengal in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 52.43 and Orissa Bengal (OBCL) 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 Bengal (OBCL) stock. Volume based technical analysis of Orissa Bengal (OBCL) stock is negative.

Orissa Bengal 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.