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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 2024-12-19 View latest technical analysis

10 day averaged volume of Orissa Bengal is 56771

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	56.78	58.80	58.80	56.75	0.284 times
18 Wed Dec 2024	57.26	57.96	58.30	55.98	4.146 times
17 Tue Dec 2024	57.07	56.77	58.36	56.44	0.357 times
16 Mon Dec 2024	56.77	57.10	58.63	56.51	0.566 times
13 Fri Dec 2024	57.51	58.30	59.00	56.99	0.121 times
12 Thu Dec 2024	57.75	59.16	59.29	57.61	0.081 times
11 Wed Dec 2024	58.06	58.00	59.38	57.56	0.197 times
10 Tue Dec 2024	58.36	59.99	60.00	57.50	0.264 times
09 Mon Dec 2024	59.60	60.45	61.00	59.04	0.35 times
06 Fri Dec 2024	61.19	59.99	62.80	59.12	1.496 times

My analysis of stock is bearish for shortterm, and stock might move down till 56 or till 54.3. Use a stoploss of 57.4 and if the stock hits stoploss, then it can shoot up till 58.82

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	54.05
Upside Target	58.36
Upside Target	58.80
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	55.57
Downside Intraday Target	54.37
Upside Intraday Target	58.39
Upside Intraday Target	60.01
Upside Intraday Target	57.19

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	56.78	57.10	58.80	55.98	5.283 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Orissa Bengal (OBCL)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	56.78	56.81	62.80	55.98	1.705 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, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Orissa Bengal ( (OBCL) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 and the buying is gaining 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 58.12 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 has given negative 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.