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 2024-05-23 View latest technical analysis

10 day averaged volume of Orissa Bengal is 50304

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu May 2024	54.00	55.45	55.85	53.50	1.291 times
22 Wed May 2024	54.10	54.00	56.50	53.45	1.148 times
21 Tue May 2024	54.00	54.20	55.45	53.20	1.85 times
18 Sat May 2024	54.15	55.35	55.35	53.05	0.223 times
17 Fri May 2024	53.55	53.95	55.05	52.30	1.025 times
16 Thu May 2024	53.50	54.60	54.80	53.15	0.384 times
15 Wed May 2024	54.45	55.10	55.85	54.05	0.892 times
14 Tue May 2024	54.50	54.50	55.65	53.25	0.815 times
13 Mon May 2024	54.45	55.60	55.60	53.30	0.759 times
10 Fri May 2024	54.35	55.00	55.00	53.40	0.318 times

My analysis of stock is bearish for shortterm, and stock might move down till 52.5 or till 49.3. Use a stoploss of 55.14 and if the stock hits stoploss, then it can shoot up till 57.81

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	46.50
Downside Target	47.90
Downside Target	51.00
Upside Target	54.95
Upside Target	58.15
Upside Target	60.20
Upside Target	61.30
Upside Target	64.90
Upside Target	68.85
Upside Target	69.70
Upside Target	79.40

Intraday share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Intraday Target	52.63
Downside Intraday Target	51.27
Upside Intraday Target	55.93
Upside Intraday Target	57.87
Upside Intraday Target	54.57

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu May 2024	54.00	54.20	56.50	53.20	1.046 times
18 Sat May 2024	54.15	55.60	55.85	52.30	0.56 times
10 Fri May 2024	54.35	58.40	58.90	53.00	0.132 times
03 Fri May 2024	57.30	51.70	68.85	51.70	8.88 times
26 Fri Apr 2024	51.65	52.50	54.95	51.00	1.084 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
23 Thu May 2024	54.00	60.45	61.30	52.30	0.263 times
30 Tue Apr 2024	60.85	48.50	68.85	47.90	2.265 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

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 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 BUY. 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.

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 weakening, and bulls 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 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

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 54.09 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.