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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 2024-10-11 View latest technical analysis

10 day averaged volume of Orissa Bengal is 53520

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	56.92	56.98	57.33	56.08	0.292 times
10 Thu Oct 2024	56.58	57.75	58.55	54.52	1.091 times
09 Wed Oct 2024	56.90	56.81	58.00	56.75	0.295 times
08 Tue Oct 2024	57.07	56.50	57.98	55.11	0.756 times
07 Mon Oct 2024	56.76	56.70	57.17	56.70	1.323 times
04 Fri Oct 2024	56.78	57.30	57.30	56.45	0.764 times
03 Thu Oct 2024	56.63	57.12	58.79	56.01	1.309 times
01 Tue Oct 2024	57.12	56.82	57.49	56.75	0.226 times
30 Mon Sep 2024	56.75	57.99	57.99	56.72	0.506 times
27 Fri Sep 2024	57.26	58.21	58.21	57.06	0.321 times

My analysis of stock is bearish for shortterm, and stock might move down till 56.7 or till 56.4. Use a stoploss of 56.95 and if the stock hits stoploss, then it can shoot up till 57.19

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	50.75
Downside Target	54.00
Downside Target	56.00
Upside Target	58.38
Upside Target	58.79
Upside Target	59.20
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	54.78
Downside Intraday Target	52.63
Upside Intraday Target	58.81
Upside Intraday Target	60.69
Downside Intraday Target	56.66

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	56.92	56.70	58.55	54.52	1.339 times
04 Fri Oct 2024	56.78	57.99	58.79	56.01	0.543 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

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
11 Fri Oct 2024	56.92	56.82	58.79	54.52	0.223 times
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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Orissa Bengal Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but buying 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 56.79 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.