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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 2024-04-15 View latest technical analysis

10 day averaged volume of Orissa Bengal is 64216

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	51.60	52.75	56.70	50.40	1.978 times
12 Fri Apr 2024	52.80	54.90	55.85	52.50	1.361 times
10 Wed Apr 2024	54.90	54.05	55.60	53.25	0.565 times
09 Tue Apr 2024	53.80	55.05	55.75	53.00	0.412 times
08 Mon Apr 2024	54.60	56.80	56.80	54.35	0.372 times
05 Fri Apr 2024	55.35	55.10	55.90	54.50	0.348 times
04 Thu Apr 2024	55.10	54.00	55.80	53.45	0.583 times
03 Wed Apr 2024	53.95	52.65	54.70	52.15	1.668 times
02 Tue Apr 2024	52.65	52.20	54.00	51.60	2.064 times
01 Mon Apr 2024	51.50	48.50	52.35	47.90	1.079 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 50.7 as stoploss in an intra day buy trade for a target of 52.69. However, stock will show a bearish move below 50.7.

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	46.50
Downside Target	47.90
Downside Target	50.40
Upside Target	52.50
Upside Target	54.00
Upside Target	55.65
Upside Target	58.05
Upside Target	58.15
Upside Target	60.20
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	49.1
Downside Intraday Target	46.6
Upside Intraday Target	55.4
Upside Intraday Target	59.2
Upside Intraday Target	52.9

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	51.60	52.75	56.70	50.40	0.73 times
12 Fri Apr 2024	52.80	56.80	56.80	52.50	0.472 times
05 Fri Apr 2024	55.35	48.50	55.90	47.90	1.287 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

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
15 Mon Apr 2024	51.60	48.50	56.80	47.90	0.405 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 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 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Orissa Bengal in short term but the buy 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. Bulls are getting tired and bears are picking up momentum.

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 and SELL signal is strong!

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

Although the stock is in the SELL zone, but selling 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 53.02 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 negative.

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