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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 2024-11-04 View latest technical analysis

10 day averaged volume of Orissa Bengal is 32297

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	56.71	57.29	57.70	56.00	0.489 times
01 Fri Nov 2024	57.29	57.90	57.90	55.58	0.094 times
31 Thu Oct 2024	56.75	57.41	58.06	56.75	0.37 times
30 Wed Oct 2024	57.17	57.04	59.80	56.75	1.451 times
29 Tue Oct 2024	56.78	56.76	57.34	56.75	0.418 times
28 Mon Oct 2024	56.75	59.00	59.00	56.59	0.709 times
25 Fri Oct 2024	56.96	56.34	57.75	55.99	1.149 times
24 Thu Oct 2024	56.79	57.09	57.30	56.75	0.275 times
23 Wed Oct 2024	56.86	57.10	57.98	56.75	0.482 times
22 Tue Oct 2024	56.78	57.10	57.76	56.00	1.411 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 57.07. However, stock will show a bearish move below 56.6.

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	54.00
Upside Target	57.90
Upside Target	58.55
Upside Target	58.85
Upside Target	59.05
Upside Target	59.80
Upside Target	61.99
Upside Target	63.89
Upside Target	64.55

Intraday share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Intraday Target	55.91
Downside Intraday Target	55.1
Upside Intraday Target	57.61
Upside Intraday Target	58.5
Upside Intraday Target	56.8

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	56.71	57.29	57.70	56.00	0.161 times
01 Fri Nov 2024	57.29	59.00	59.80	55.58	0.437 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

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
04 Mon Nov 2024	56.71	57.90	57.90	55.58	0.025 times
31 Thu Oct 2024	56.75	56.82	59.80	54.52	0.526 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

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 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 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 BUY. 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.

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 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 56.9 and Orissa Bengal (OBCL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.