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 2024-04-03 View latest technical analysis

10 day averaged volume of Orissa Bengal is 85537

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	53.95	52.65	54.70	52.15	1.252 times
02 Tue Apr 2024	52.65	52.20	54.00	51.60	1.549 times
01 Mon Apr 2024	51.50	48.50	52.35	47.90	0.81 times
28 Thu Mar 2024	47.20	49.75	50.70	46.50	1.163 times
27 Wed Mar 2024	48.10	51.40	52.15	47.65	1.438 times
26 Tue Mar 2024	51.20	54.00	54.00	50.55	0.75 times
22 Fri Mar 2024	52.20	53.55	53.95	51.50	0.924 times
21 Thu Mar 2024	53.25	54.65	54.65	52.35	0.487 times
20 Wed Mar 2024	52.70	53.45	53.90	51.40	1.999 times
19 Tue Mar 2024	52.70	54.15	54.65	52.50	0.308 times

My analysis of stock is bearish for shortterm, and stock might move down till 50.1 or till 45.1. Use a stoploss of 54.22 and if the stock hits stoploss, then it can shoot up till 58.39

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	46.50
Downside Target	47.90
Downside Target	50.00
Downside Target	51.40
Upside Target	54.00
Upside Target	58.05
Upside Target	60.20
Upside Target	62.45
Upside Target	64.90
Upside Target	65.00
Upside Target	69.70
Upside Target	79.40

Intraday share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Intraday Target	49.67
Downside Intraday Target	45.38
Upside Intraday Target	56.47
Upside Intraday Target	58.98
Downside Intraday Target	52.18

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	53.95	48.50	54.70	47.90	1.078 times
28 Thu Mar 2024	47.20	54.00	54.00	46.50	0.781 times
22 Fri Mar 2024	52.20	53.45	58.05	51.40	0.846 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

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
03 Wed Apr 2024	53.95	48.50	54.70	47.90	0.187 times
28 Thu Mar 2024	47.20	61.95	64.90	46.50	0.34 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 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 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 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 51.41 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 negative.

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