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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 2024-02-27 View latest technical analysis

10 day averaged volume of Orissa Bengal is 134322

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	63.60	65.35	66.60	63.00	0.346 times
26 Mon Feb 2024	65.65	66.75	67.00	64.30	0.3 times
23 Fri Feb 2024	65.75	67.65	69.35	65.50	0.16 times
22 Thu Feb 2024	66.70	67.70	67.70	65.40	0.243 times
21 Wed Feb 2024	65.65	68.00	68.00	65.00	0.463 times
20 Tue Feb 2024	66.55	69.90	70.00	66.30	0.517 times
19 Mon Feb 2024	69.45	63.65	75.95	63.60	6.21 times
16 Fri Feb 2024	63.90	64.75	66.60	63.30	0.524 times
15 Thu Feb 2024	63.85	63.85	65.25	62.80	0.404 times
14 Wed Feb 2024	63.00	62.05	64.70	62.05	0.587 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 63.4 as stoploss in an intra day buy trade for a target of 67.47. However, stock will show a bearish move below 63.4.

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	63.00
Upside Target	65.00
Upside Target	67.00
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	62.07
Downside Intraday Target	60.53
Upside Intraday Target	66.07
Upside Intraday Target	68.53
Upside Intraday Target	64.53

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	63.60	66.75	67.00	63.00	0.085 times
23 Fri Feb 2024	65.75	63.65	75.95	63.60	2.106 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

Price has moved down 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
27 Tue Feb 2024	63.60	62.55	79.40	60.60	1.926 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Orissa Bengal ( (OBCL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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 Weak and stock is losing momentum.

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

Orissa Bengal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Orissa Bengal in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 67.74 and Orissa Bengal (OBCL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.