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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)

Showing technical analysis as on 2024-02-19 View latest technical analysis

10 day averaged volume of Orissa Bengal is 130273

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	69.45	63.65	75.95	63.60	6.403 times
16 Fri Feb 2024	63.90	64.75	66.60	63.30	0.541 times
15 Thu Feb 2024	63.85	63.85	65.25	62.80	0.417 times
14 Wed Feb 2024	63.00	62.05	64.70	62.05	0.605 times
13 Tue Feb 2024	63.05	63.30	63.80	60.60	0.61 times
12 Mon Feb 2024	62.50	69.10	70.85	60.70	1.546 times
09 Fri Feb 2024	68.90	71.00	71.85	68.10	0.385 times
08 Thu Feb 2024	70.80	72.95	74.75	70.00	0.721 times
07 Wed Feb 2024	71.90	75.50	75.50	71.60	0.813 times
06 Tue Feb 2024	73.15	74.75	77.50	71.00	1.121 times

Stock of Orissa Bengal (OBCL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 71.3 as stoploss in an intra day sell trade for a target of 66.72. However, stock will show a bullish move above 71.3.

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	48.05
Downside Target	55.65
Downside Target	58.15
Downside Target	60.60
Downside Target	63.60
Downside Target	65.00
Downside Target	68.10
Upside Target	70.85
Upside Target	71.70
Upside Target	75.40
Upside Target	75.95
Upside Target	79.40

Intraday share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Intraday Target	63.38
Downside Intraday Target	57.32
Upside Intraday Target	75.73
Upside Intraday Target	82.02
Upside Intraday Target	69.67

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	69.45	63.65	75.95	63.60	1.722 times
16 Fri Feb 2024	63.90	69.10	70.85	60.60	0.592 times
09 Fri Feb 2024	68.90	74.35	79.40	68.10	0.323 times
02 Fri Feb 2024	72.50	62.55	75.40	61.30	11.79 times
25 Thu Jan 2024	63.05	68.00	68.50	61.00	0.242 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 Bengal (OBCL)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	69.45	62.55	79.40	60.60	1.816 times
31 Wed Jan 2024	62.85	59.45	69.70	58.15	1.694 times
29 Fri Dec 2023	58.60	60.10	65.00	55.65	0.643 times
30 Thu Nov 2023	59.80	60.40	68.80	56.05	0.447 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 Bengal ( (OBCL) ) 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 Bengal ( (OBCL) ) based on a short to mid 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 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 Bengal stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Orissa Bengal in short term but the sell 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Orissa Bengal in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 68.16 and Orissa Bengal (OBCL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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