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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 2024-04-01 View latest technical analysis

10 day averaged volume of Orissa Bengal is 77011

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	51.50	48.50	52.35	47.90	0.9 times
28 Thu Mar 2024	47.20	49.75	50.70	46.50	1.291 times
27 Wed Mar 2024	48.10	51.40	52.15	47.65	1.597 times
26 Tue Mar 2024	51.20	54.00	54.00	50.55	0.833 times
22 Fri Mar 2024	52.20	53.55	53.95	51.50	1.027 times
21 Thu Mar 2024	53.25	54.65	54.65	52.35	0.541 times
20 Wed Mar 2024	52.70	53.45	53.90	51.40	2.22 times
19 Tue Mar 2024	52.70	54.15	54.65	52.50	0.342 times
18 Mon Mar 2024	53.40	53.45	58.05	52.40	0.636 times
15 Fri Mar 2024	53.40	53.60	53.95	51.00	0.681 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 50.4 as stoploss in an intra day buy trade for a target of 55.05. However, stock will show a bearish move below 50.4.

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	46.50
Downside Target	47.90
Downside Target	50.00
Downside Target	51.40
Upside Target	54.00
Upside Target	55.65
Upside Target	58.05
Upside Target	60.20
Upside Target	62.45
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	48.82
Downside Intraday Target	46.13
Upside Intraday Target	53.27
Upside Intraday Target	55.03
Downside Intraday Target	50.58

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	51.50	48.50	52.35	47.90	0.242 times
28 Thu Mar 2024	47.20	54.00	54.00	46.50	0.781 times
22 Fri Mar 2024	52.20	53.45	58.05	51.40	0.846 times
15 Fri Mar 2024	53.40	62.10	62.45	50.00	0.866 times
07 Thu Mar 2024	62.10	62.00	64.90	58.15	2.047 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
01 Mon Apr 2024	51.50	48.50	52.35	47.90	0.042 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 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 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 Strong and stock is losing momentum.

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

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 red color and prices are below the red cloud Prices appear to be moving up

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

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 51.1 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 negative.

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