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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 2024-12-23 View latest technical analysis

10 day averaged volume of Orissa Bengal is 39164

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	57.73	55.15	58.20	55.15	1.924 times
20 Fri Dec 2024	55.97	57.90	57.98	55.07	0.771 times
19 Thu Dec 2024	56.78	58.80	58.80	56.75	0.412 times
18 Wed Dec 2024	57.26	57.96	58.30	55.98	6.009 times
17 Tue Dec 2024	57.07	56.77	58.36	56.44	0.518 times
16 Mon Dec 2024	56.77	57.10	58.63	56.51	0.821 times
13 Fri Dec 2024	57.51	58.30	59.00	56.99	0.175 times
12 Thu Dec 2024	57.75	59.16	59.29	57.61	0.118 times
11 Wed Dec 2024	58.06	58.00	59.38	57.56	0.286 times
10 Tue Dec 2024	58.36	59.99	60.00	57.50	0.383 times

My analysis of stock is bullish for shortterm, and stock might move up till 58.9 or till 60.5. Use a stoploss of 57.5 and if this stock hits its stoploss, then it can fall down till 56.13

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	54.05
Upside Target	58.20
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	55.85
Downside Intraday Target	53.98
Upside Intraday Target	58.9
Upside Intraday Target	60.08
Downside Intraday Target	57.03

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	57.73	55.15	58.20	55.15	0.226 times
20 Fri Dec 2024	55.97	57.10	58.80	55.07	5.807 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

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
23 Mon Dec 2024	57.73	56.81	62.80	55.07	1.97 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, 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. 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.

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 weakening, and bulls are picking up momentum!

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 57.26 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 positive

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