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 2024-09-09 View latest technical analysis

10 day averaged volume of Orissa Bengal is 86475

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	56.71	58.35	58.51	56.40	0.706 times
06 Fri Sep 2024	57.51	58.40	58.40	56.30	2.549 times
05 Thu Sep 2024	57.61	58.43	58.43	57.50	0.177 times
04 Wed Sep 2024	57.46	59.10	59.60	57.10	0.704 times
03 Tue Sep 2024	59.02	59.30	61.99	58.15	1.636 times
02 Mon Sep 2024	58.65	58.45	59.00	56.50	1.753 times
30 Fri Aug 2024	57.64	57.91	59.05	57.50	0.301 times
29 Thu Aug 2024	57.39	58.71	60.00	57.02	0.475 times
28 Wed Aug 2024	58.96	60.55	60.55	58.51	0.822 times
27 Tue Aug 2024	59.70	60.00	61.66	59.40	0.652 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.9, but if it comes above 56.9, then a intra day buy could be more profitable.
If you take a sell trade below 56.9, then use 56.9 as stoploss and 55 as target. However if you take a buy trade in stock , then use 56.9 as stoploss and 58.55 as target.

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	50.75
Downside Target	52.30
Downside Target	54.00
Downside Target	56.10
Upside Target	58.51
Upside Target	61.99
Upside Target	62.31
Upside Target	63.89
Upside Target	64.55
Upside Target	69.00

Intraday share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Intraday Target	55.9
Downside Intraday Target	55.1
Upside Intraday Target	58.01
Upside Intraday Target	59.32
Upside Intraday Target	57.21

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	56.71	58.35	58.51	56.40	0.104 times
06 Fri Sep 2024	57.51	58.45	61.99	56.30	2.145 times
30 Fri Aug 2024	57.64	61.85	62.31	57.02	0.491 times
23 Fri Aug 2024	61.06	58.00	63.89	57.03	2.14 times
16 Fri Aug 2024	57.03	57.50	59.59	56.10	0.796 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
09 Mon Sep 2024	56.71	58.45	61.99	56.30	0.432 times
30 Fri Aug 2024	57.64	60.70	63.89	54.05	1.026 times
31 Wed Jul 2024	60.69	61.90	64.55	54.00	0.598 times
28 Fri Jun 2024	59.74	56.70	69.00	50.75	1.212 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Orissa Bengal stock for short term is SELL. Signal strength is Weak and stock is losing 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 green color and prices are in or below the green 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 SELL signal in short term but selling is losing 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 58.17 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.