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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 2024-05-27 View latest technical analysis

10 day averaged volume of Orissa Bengal is 45089

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	57.00	58.90	58.90	53.55	3.99 times
24 Fri May 2024	54.80	54.45	55.50	54.10	0.642 times
23 Thu May 2024	54.00	55.45	55.85	53.50	1.441 times
22 Wed May 2024	54.10	54.00	56.50	53.45	1.28 times
21 Tue May 2024	54.00	54.20	55.45	53.20	2.064 times
18 Sat May 2024	54.15	55.35	55.35	53.05	0.249 times
17 Fri May 2024	53.55	53.95	55.05	52.30	1.144 times
16 Thu May 2024	53.50	54.60	54.80	53.15	0.428 times
15 Wed May 2024	54.45	55.10	55.85	54.05	0.996 times
14 Tue May 2024	54.50	54.50	55.65	53.25	0.909 times

Stock of Orissa Bengal (OBCL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 58 as stoploss in an intra day sell trade for a target of 55.53. However, stock will show a bullish move above 58.

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	46.50
Downside Target	47.90
Downside Target	51.70
Downside Target	55.85
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	54.07
Downside Intraday Target	51.13
Upside Intraday Target	59.42
Upside Intraday Target	61.83
Downside Intraday Target	56.48

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	57.00	58.90	58.90	53.55	0.735 times
24 Fri May 2024	54.80	54.20	56.50	53.20	1.187 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

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
27 Mon May 2024	57.00	60.45	61.30	52.30	0.319 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 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 BUY. 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.

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 green color and prices are in or below the green 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 and the buying is gaining 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 54.98 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 positive

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