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 2024-09-30 View latest technical analysis

10 day averaged volume of Orissa Bengal is 45395

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	56.75	57.99	57.99	56.72	0.596 times
27 Fri Sep 2024	57.26	58.21	58.21	57.06	0.378 times
26 Thu Sep 2024	57.45	57.10	61.38	56.75	4.021 times
25 Wed Sep 2024	56.75	57.70	57.70	56.50	0.369 times
24 Tue Sep 2024	56.78	57.59	57.77	56.75	0.541 times
23 Mon Sep 2024	57.01	57.00	57.50	56.01	0.787 times
20 Fri Sep 2024	56.86	56.15	57.59	56.15	0.47 times
19 Thu Sep 2024	56.94	56.12	57.38	56.12	0.855 times
18 Wed Sep 2024	56.86	56.83	57.47	56.75	0.534 times
17 Tue Sep 2024	56.83	57.54	57.60	56.00	1.186 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 56.7 as stoploss in an intra day buy trade for a target of 57.25. However, stock will show a bearish move below 56.7.

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	50.75
Downside Target	52.30
Downside Target	54.00
Downside Target	56.00
Upside Target	57.99
Upside Target	61.38
Upside Target	61.99
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	56.32
Downside Intraday Target	55.88
Upside Intraday Target	57.59
Upside Intraday Target	58.42
Upside Intraday Target	57.15

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	56.75	57.99	57.99	56.72	0.098 times
27 Fri Sep 2024	57.26	57.00	61.38	56.01	1.561 times
20 Fri Sep 2024	56.86	57.90	58.38	56.00	0.461 times
13 Fri Sep 2024	57.46	58.35	59.20	56.40	0.652 times
06 Fri Sep 2024	57.51	58.45	61.99	56.30	2.145 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
30 Mon Sep 2024	56.75	58.45	61.99	56.00	0.966 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 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 short to mid 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Orissa Bengal in short term but the buy 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 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 57.12 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.