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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 2024-01-04 View latest technical analysis

10 day averaged volume of Orissa Bengal is 66032

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Jan 2024	61.55	62.25	62.50	61.00	1.564 times
03 Wed Jan 2024	61.35	60.65	62.75	60.65	0.46 times
02 Tue Jan 2024	62.20	61.90	62.80	60.30	0.713 times
01 Mon Jan 2024	61.00	59.45	63.00	58.15	1.964 times
29 Fri Dec 2023	58.60	58.55	60.15	58.20	0.411 times
28 Thu Dec 2023	59.35	60.35	60.95	59.10	0.627 times
27 Wed Dec 2023	60.30	61.05	61.50	59.45	0.553 times
26 Tue Dec 2023	61.00	61.55	61.90	60.50	0.353 times
22 Fri Dec 2023	61.40	64.45	64.45	61.00	1.179 times
21 Thu Dec 2023	63.65	57.40	64.50	55.65	2.873 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 62.2 as stoploss in an intra day sell trade for a target of 60.89. However, stock will show a bullish move above 62.2.

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	48.05
Downside Target	54.75
Downside Target	57.95
Downside Target	60.10
Upside Target	61.90
Upside Target	63.00
Upside Target	64.00
Upside Target	64.50
Upside Target	65.00
Upside Target	68.80
Upside Target	71.70

Intraday share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Intraday Target	58.8
Downside Intraday Target	56.05
Upside Intraday Target	63.65
Upside Intraday Target	65.75
Downside Intraday Target	60.9

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Jan 2024	61.55	59.45	63.00	58.15	2.418 times
29 Fri Dec 2023	58.60	61.55	61.90	58.20	0.33 times
22 Fri Dec 2023	61.40	61.65	64.50	55.65	1.278 times
15 Fri Dec 2023	60.75	60.75	64.00	60.10	0.527 times
08 Fri Dec 2023	59.90	58.80	65.00	57.95	2.05 times

Price has moved up 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
04 Thu Jan 2024	61.55	59.45	63.00	58.15	0.213 times
29 Fri Dec 2023	58.60	60.10	65.00	55.65	0.643 times
30 Thu Nov 2023	59.80	60.40	68.80	56.05	0.447 times
31 Tue Oct 2023	60.30	48.05	71.70	48.05	5.17 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 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 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 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 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Orissa Bengal in short term and BUY 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 61.71 and Orissa Bengal (OBCL) stock is trading below this level. This means that stock is falling with high volumes. 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.