Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-21 View latest technical analysis

10 day averaged volume of Orissa Bengal is 105739

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	53.25	54.65	54.65	52.35	0.394 times
20 Wed Mar 2024	52.70	53.45	53.90	51.40	1.617 times
19 Tue Mar 2024	52.70	54.15	54.65	52.50	0.249 times
18 Mon Mar 2024	53.40	53.45	58.05	52.40	0.463 times
15 Fri Mar 2024	53.40	53.60	53.95	51.00	0.496 times
14 Thu Mar 2024	53.45	51.00	54.90	50.50	0.606 times
13 Wed Mar 2024	50.40	53.20	56.25	50.00	1.418 times
12 Tue Mar 2024	54.95	57.60	60.00	54.05	0.726 times
11 Mon Mar 2024	58.75	62.10	62.45	58.35	0.854 times
07 Thu Mar 2024	62.10	61.45	62.80	59.50	1.613 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 53.7, but if it comes above 53.7, then a intra day buy could be more profitable.
If you take a sell trade below 53.7, then use 53.7 as stoploss and 48 as target. However if you take a buy trade in stock , then use 53.7 as stoploss and 58.47 as target.

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	50.00
Downside Target	51.40
Upside Target	55.65
Upside Target	58.05
Upside Target	60.20
Upside Target	62.45
Upside Target	64.90
Upside Target	65.00
Upside Target	67.00
Upside Target	68.80
Upside Target	69.70
Upside Target	75.95
Upside Target	79.40

Intraday share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Intraday Target	50.42
Downside Intraday Target	47.58
Upside Intraday Target	57.07
Upside Intraday Target	60.88
Upside Intraday Target	54.23

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	53.25	53.45	58.05	51.40	0.664 times
15 Fri Mar 2024	53.40	62.10	62.45	50.00	0.866 times
07 Thu Mar 2024	62.10	62.00	64.90	58.15	2.047 times
02 Sat Mar 2024	62.00	66.75	67.00	60.20	0.24 times
23 Fri Feb 2024	65.75	63.65	75.95	63.60	2.106 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
21 Thu Mar 2024	53.25	61.95	64.90	50.00	0.265 times
29 Thu Feb 2024	61.10	62.55	79.40	60.20	1.964 times
31 Wed Jan 2024	62.85	59.45	69.70	58.15	1.694 times
29 Fri Dec 2023	58.60	60.10	65.00	55.65	0.643 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 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 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 short to mid 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 mid to longer 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.

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 and the sell signal is strong.

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 SELL signal in short term and selling is picking up 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 55.08 and Orissa Bengal (OBCL) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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