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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)

10 day averaged volume of Orissa Bengal is 46042

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	57.26	58.21	58.21	57.06	0.373 times
26 Thu Sep 2024	57.45	57.10	61.38	56.75	3.964 times
25 Wed Sep 2024	56.75	57.70	57.70	56.50	0.364 times
24 Tue Sep 2024	56.78	57.59	57.77	56.75	0.534 times
23 Mon Sep 2024	57.01	57.00	57.50	56.01	0.776 times
20 Fri Sep 2024	56.86	56.15	57.59	56.15	0.464 times
19 Thu Sep 2024	56.94	56.12	57.38	56.12	0.843 times
18 Wed Sep 2024	56.86	56.83	57.47	56.75	0.527 times
17 Tue Sep 2024	56.83	57.54	57.60	56.00	1.169 times
16 Mon Sep 2024	57.21	57.90	58.38	57.15	0.847 times

My analysis of stock is bearish for shortterm, and stock might move down till 56.7 or till 56. Use a stoploss of 57.34 and if the stock hits stoploss, then it can shoot up till 57.94

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	50.75
Downside Target	52.30
Downside Target	54.00
Downside Target	56.00
Upside Target	58.38
Upside Target	61.38
Upside Target	61.99
Upside Target	62.31
Upside Target	63.89
Upside Target	64.55
Upside Target	69.00

Intraday share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Intraday Target	55.05
Downside Intraday Target	52.85
Upside Intraday Target	60.42
Upside Intraday Target	63.59
Upside Intraday Target	58.22

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	57.26	57.00	61.38	56.01	1.561 times
20 Fri Sep 2024	56.86	57.90	58.38	56.00	0.461 times
13 Fri Sep 2024	57.46	58.35	59.20	56.40	0.652 times
06 Fri Sep 2024	57.51	58.45	61.99	56.30	2.145 times
30 Fri Aug 2024	57.64	61.85	62.31	57.02	0.491 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
27 Fri Sep 2024	57.26	58.45	61.99	56.00	0.948 times
30 Fri Aug 2024	57.64	60.70	63.89	54.05	1.026 times
31 Wed Jul 2024	60.69	61.90	64.55	54.00	0.598 times
28 Fri Jun 2024	59.74	56.70	69.00	50.75	1.212 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 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 term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Orissa Bengal ( (OBCL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 Strong and stock is losing momentum.

MACD generated a BUY signal for Orissa Bengal in short term but the buy 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 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 but SELL 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

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 57.15 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.