Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-11 View latest technical analysis

10 day averaged volume of Orissa Bengal is 74551

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	58.75	62.10	62.45	58.35	1.211 times
07 Thu Mar 2024	62.10	61.45	62.80	59.50	2.288 times
06 Wed Mar 2024	60.55	61.90	63.00	58.15	2.776 times
05 Tue Mar 2024	60.15	61.75	63.15	59.05	0.638 times
04 Mon Mar 2024	61.75	62.00	64.90	60.90	1.016 times
02 Sat Mar 2024	62.00	61.25	63.45	61.00	0.318 times
01 Fri Mar 2024	61.30	61.95	63.55	61.00	0.549 times
29 Thu Feb 2024	61.10	62.50	62.50	60.20	0.649 times
28 Wed Feb 2024	62.45	64.25	65.00	62.00	0.602 times
27 Tue Feb 2024	63.60	65.35	66.60	63.00	0.624 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 57.7, for a target of 60.8 or 63.37

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	55.65
Downside Target	58.15
Upside Target	60.20
Upside Target	62.45
Upside Target	64.90
Upside Target	65.00
Upside Target	67.00
Upside Target	68.80
Upside Target	69.70
Upside Target	70.85
Upside Target	75.95
Upside Target	79.40

Intraday share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Intraday Target	57.25
Downside Intraday Target	55.75
Upside Intraday Target	61.35
Upside Intraday Target	63.95
Upside Intraday Target	59.85

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	58.75	62.10	62.45	58.35	0.18 times
07 Thu Mar 2024	62.10	62.00	64.90	58.15	2.047 times
02 Sat Mar 2024	62.00	66.75	67.00	60.20	0.24 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

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
11 Mon Mar 2024	58.75	61.95	64.90	58.15	0.135 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
29 Fri Dec 2023	58.60	60.10	65.00	55.65	0.643 times

Scroll below to view daily charts

Price has moved down 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 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 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 neutral. A longer time frame might give a better analysis.

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 SELL signal for Orissa Bengal in short term and the sell signal is strong.

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 61.17 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.