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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 2024-01-24 View latest technical analysis

10 day averaged volume of Orissa Bengal is 165776

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	62.85	61.75	64.65	61.35	0.311 times
23 Tue Jan 2024	61.80	65.55	68.45	61.00	0.482 times
22 Mon Jan 2024	65.45	68.00	68.50	64.80	0.308 times
19 Fri Jan 2024	66.65	66.40	67.85	65.30	0.494 times
18 Thu Jan 2024	65.60	67.95	69.00	61.60	1.135 times
17 Wed Jan 2024	67.90	61.00	69.70	61.00	3.145 times
16 Tue Jan 2024	61.65	64.10	64.10	60.00	0.297 times
15 Mon Jan 2024	63.30	66.00	67.50	62.50	0.282 times
12 Fri Jan 2024	65.30	67.45	67.45	65.00	0.484 times
11 Thu Jan 2024	66.65	61.95	67.90	61.95	2.889 times

My analysis of stock is bullish for shortterm, and stock might move up till 65.3 or till 68.4. Use a stoploss of 62.77 and if this stock hits its stoploss, then it can fall down till 60.21

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	63.00
Upside Target	65.00
Upside Target	67.90
Upside Target	68.50
Upside Target	68.80
Upside Target	69.70
Upside Target	71.70

Intraday share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Intraday Target	59.73
Downside Intraday Target	56.62
Upside Intraday Target	67.23
Upside Intraday Target	71.62
Upside Intraday Target	64.12

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	62.85	68.00	68.50	61.00	0.206 times
19 Fri Jan 2024	66.65	66.00	69.70	60.00	1.077 times
12 Fri Jan 2024	65.30	60.60	67.90	59.70	2.258 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

Price has moved down 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
24 Wed Jan 2024	62.85	59.45	69.70	58.15	1.547 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, 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 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 short to mid 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 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 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.

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 in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Orissa Bengal in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 66.22 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.