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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 2024-10-29 View latest technical analysis

10 day averaged volume of Orissa Bengal is 35424

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	56.78	56.76	57.34	56.75	0.381 times
28 Mon Oct 2024	56.75	59.00	59.00	56.59	0.646 times
25 Fri Oct 2024	56.96	56.34	57.75	55.99	1.047 times
24 Thu Oct 2024	56.79	57.09	57.30	56.75	0.25 times
23 Wed Oct 2024	56.86	57.10	57.98	56.75	0.44 times
22 Tue Oct 2024	56.78	57.10	57.76	56.00	1.286 times
21 Mon Oct 2024	56.78	58.85	58.85	56.50	3.321 times
18 Fri Oct 2024	58.07	57.89	59.05	57.11	1.121 times
17 Thu Oct 2024	57.57	57.12	58.50	56.75	0.424 times
16 Wed Oct 2024	57.99	57.86	58.50	57.08	0.457 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 56.6 as stoploss in an intra day buy trade for a target of 57.04. However, stock will show a bearish move below 56.6.

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	50.75
Downside Target	54.00
Downside Target	55.99
Upside Target	58.55
Upside Target	58.85
Upside Target	59.00
Upside Target	59.05
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	55.91
Downside Intraday Target	55.05
Upside Intraday Target	58.32
Upside Intraday Target	59.87
Upside Intraday Target	57.46

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	56.78	59.00	59.00	56.59	0.162 times
25 Fri Oct 2024	56.96	58.85	58.85	55.99	1.84 times
18 Fri Oct 2024	58.07	57.75	59.05	56.75	0.608 times
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

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
29 Tue Oct 2024	56.78	56.82	59.05	54.52	0.486 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Orissa Bengal ( (OBCL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Orissa Bengal ( (OBCL) ) based on a short to mid 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 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 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 moving up

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 and selling is picking up 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 57.05 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.