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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 2024-11-18 View latest technical analysis

10 day averaged volume of Orissa Bengal is 20542

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	56.75	57.40	57.40	56.75	0.398 times
14 Thu Nov 2024	56.76	57.54	57.55	56.75	0.432 times
13 Wed Nov 2024	56.77	55.05	57.47	55.05	0.854 times
12 Tue Nov 2024	56.92	56.95	57.75	56.75	0.617 times
11 Mon Nov 2024	56.92	57.11	57.36	56.75	0.481 times
08 Fri Nov 2024	56.75	57.20	57.22	56.75	0.381 times
07 Thu Nov 2024	56.80	57.25	57.25	56.27	0.801 times
06 Wed Nov 2024	57.04	58.00	58.00	56.33	0.751 times
05 Tue Nov 2024	56.49	55.60	57.45	55.60	4.768 times
04 Mon Nov 2024	56.71	57.29	57.70	56.00	0.769 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 56.84. However, stock will show a bearish move below 56.7.

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	54.00
Upside Target	57.75
Upside Target	58.00
Upside Target	58.85
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	56.53
Downside Intraday Target	56.32
Upside Intraday Target	57.18
Upside Intraday Target	57.62
Upside Intraday Target	56.97

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	56.75	57.40	57.40	56.75	0.167 times
14 Thu Nov 2024	56.76	57.11	57.75	55.05	0.319 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

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
18 Mon Nov 2024	56.75	57.90	58.00	55.05	0.279 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 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 neutral. A longer time frame might give a better analysis.

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.

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. Bulls 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 but SELL signal is weak.

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

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 56.67 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.