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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 2024-01-09 View latest technical analysis

10 day averaged volume of Orissa Bengal is 55650

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	61.55	59.80	63.35	59.80	2.172 times
08 Mon Jan 2024	59.80	60.60	61.95	59.70	1.139 times
05 Fri Jan 2024	61.00	61.10	62.35	60.40	0.976 times
04 Thu Jan 2024	61.55	62.25	62.50	61.00	1.855 times
03 Wed Jan 2024	61.35	60.65	62.75	60.65	0.546 times
02 Tue Jan 2024	62.20	61.90	62.80	60.30	0.846 times
01 Mon Jan 2024	61.00	59.45	63.00	58.15	2.33 times
29 Fri Dec 2023	58.60	58.55	60.15	58.20	0.488 times
28 Thu Dec 2023	59.35	60.35	60.95	59.10	0.744 times
27 Wed Dec 2023	60.30	61.05	61.50	59.45	0.656 times

Stock of Orissa Bengal (OBCL) has showed a significant upmove. This could be a good time to enter in this stock!

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 62.1 as stoploss in an intra day sell trade for a target of 60.79. However, stock will show a bullish move above 62.1.

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	48.05
Downside Target	54.75
Downside Target	58.15
Downside Target	59.70
Upside Target	61.90
Upside Target	63.35
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	59.72
Downside Intraday Target	57.88
Upside Intraday Target	63.37
Upside Intraday Target	65.18
Downside Intraday Target	61.53

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	61.55	60.60	63.35	59.70	0.505 times
05 Fri Jan 2024	61.00	59.45	63.00	58.15	2.841 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

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
09 Tue Jan 2024	61.55	59.45	63.35	58.15	0.376 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 60.93 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.