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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 2024-12-16 View latest technical analysis

10 day averaged volume of Orissa Bengal is 37337

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	56.77	57.10	58.63	56.51	0.861 times
13 Fri Dec 2024	57.51	58.30	59.00	56.99	0.183 times
12 Thu Dec 2024	57.75	59.16	59.29	57.61	0.123 times
11 Wed Dec 2024	58.06	58.00	59.38	57.56	0.3 times
10 Tue Dec 2024	58.36	59.99	60.00	57.50	0.402 times
09 Mon Dec 2024	59.60	60.45	61.00	59.04	0.532 times
06 Fri Dec 2024	61.19	59.99	62.80	59.12	2.274 times
05 Thu Dec 2024	59.99	56.50	61.70	56.50	3.683 times
04 Wed Dec 2024	56.73	58.16	58.16	56.40	1.744 times
03 Tue Dec 2024	57.01	57.60	57.60	56.75	0.184 times

My analysis of stock is bearish for shortterm, and stock might move down till 55.9 or till 54.2. Use a stoploss of 57.34 and if the stock hits stoploss, then it can shoot up till 58.78

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	54.05
Upside Target	58.36
Upside Target	58.63
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	55.98
Downside Intraday Target	55.18
Upside Intraday Target	58.1
Upside Intraday Target	59.42
Upside Intraday Target	57.3

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	56.77	57.10	58.63	56.51	0.559 times
13 Fri Dec 2024	57.51	60.45	61.00	56.99	0.182 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

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
16 Mon Dec 2024	56.77	56.81	62.80	56.22	1.021 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Orissa Bengal in short term but the sell 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 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 59.17 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 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.