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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 2024-11-11 View latest technical analysis

10 day averaged volume of Orissa Bengal is 25165

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	56.92	57.11	57.36	56.75	0.392 times
08 Fri Nov 2024	56.75	57.20	57.22	56.75	0.311 times
07 Thu Nov 2024	56.80	57.25	57.25	56.27	0.654 times
06 Wed Nov 2024	57.04	58.00	58.00	56.33	0.613 times
05 Tue Nov 2024	56.49	55.60	57.45	55.60	3.892 times
04 Mon Nov 2024	56.71	57.29	57.70	56.00	0.628 times
01 Fri Nov 2024	57.29	57.90	57.90	55.58	0.12 times
31 Thu Oct 2024	56.75	57.41	58.06	56.75	0.475 times
30 Wed Oct 2024	57.17	57.04	59.80	56.75	1.862 times
29 Tue Oct 2024	56.78	56.76	57.34	56.75	0.536 times

My analysis of stock is bearish for shortterm, and stock might move down till 56.6 or till 56.1. Use a stoploss of 57.06 and if the stock hits stoploss, then it can shoot up till 57.52

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	54.00
Upside Target	58.00
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	56.66
Downside Intraday Target	56.4
Upside Intraday Target	57.27
Upside Intraday Target	57.62
Upside Intraday Target	57.01

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	56.92	57.11	57.36	56.75	0.064 times
08 Fri Nov 2024	56.75	57.29	58.00	55.60	1.562 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

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 Mon Nov 2024	56.92	57.90	58.00	55.58	0.217 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 gaining 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 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 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 56.76 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 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 is giving positive 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.