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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 2024-12-09 View latest technical analysis

10 day averaged volume of Orissa Bengal is 40399

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	59.60	60.45	61.00	59.04	0.492 times
06 Fri Dec 2024	61.19	59.99	62.80	59.12	2.102 times
05 Thu Dec 2024	59.99	56.50	61.70	56.50	3.403 times
04 Wed Dec 2024	56.73	58.16	58.16	56.40	1.612 times
03 Tue Dec 2024	57.01	57.60	57.60	56.75	0.17 times
02 Mon Dec 2024	56.65	56.81	57.89	56.22	0.531 times
29 Fri Nov 2024	56.81	58.36	58.36	56.75	0.125 times
28 Thu Nov 2024	56.76	56.76	58.15	56.75	0.504 times
27 Wed Nov 2024	56.82	56.30	57.64	55.53	0.984 times
26 Tue Nov 2024	55.16	55.52	55.99	55.01	0.114 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 58.5, but if it comes below 58.5, then a intra day sell could be more profitable.
If you take a sell trade below 58.5, then use 58.5 as stoploss and 57.13 as target. However if you take a buy trade in stock , then use 58.5 as stoploss and 60.2 as target.

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	54.05
Downside Target	57.75
Downside Target	58.36
Downside Target	59.04
Upside Target	59.80
Upside Target	61.00
Upside Target	61.99
Upside Target	62.80
Upside Target	63.89

Intraday share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Intraday Target	58.76
Downside Intraday Target	57.92
Upside Intraday Target	60.72
Upside Intraday Target	61.84
Upside Intraday Target	59.88

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	59.60	60.45	61.00	59.04	0.063 times
06 Fri Dec 2024	61.19	56.81	62.80	56.22	3.583 times
29 Fri Nov 2024	56.81	55.61	58.36	55.01	0.849 times
22 Fri Nov 2024	56.31	57.40	57.95	55.01	2.119 times
14 Thu Nov 2024	56.76	57.11	57.75	55.05	0.319 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
09 Mon Dec 2024	59.60	56.81	62.80	56.22	0.845 times
29 Fri Nov 2024	56.81	57.90	58.36	55.01	0.519 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

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 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 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 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.

ADX buy sell signal for Orissa Bengal stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 but buying is losing 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 58.9 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.