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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 2024-06-11 View latest technical analysis

10 day averaged volume of Orissa Bengal is 119382

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	54.55	55.90	57.00	53.56	0.363 times
10 Mon Jun 2024	55.19	54.99	56.50	54.21	0.278 times
07 Fri Jun 2024	54.30	56.00	56.50	53.45	0.371 times
06 Thu Jun 2024	55.00	53.00	56.30	53.00	0.506 times
05 Wed Jun 2024	51.95	52.95	53.00	50.75	0.354 times
04 Tue Jun 2024	51.75	54.00	55.60	51.05	1.067 times
03 Mon Jun 2024	54.10	56.70	56.80	54.00	0.459 times
31 Fri May 2024	54.25	55.40	57.45	52.85	0.568 times
30 Thu May 2024	55.65	57.95	58.80	55.00	0.268 times
29 Wed May 2024	57.05	58.95	59.05	56.30	0.51 times

My analysis of stock is bearish for shortterm, and stock might move down till 53.1 or till 51.3. Use a stoploss of 54.56 and if the stock hits stoploss, then it can shoot up till 56.03

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	46.50
Downside Target	47.90
Downside Target	50.75
Downside Target	52.30
Upside Target	55.85
Upside Target	57.00
Upside Target	60.20
Upside Target	64.55
Upside Target	64.90
Upside Target	68.85
Upside Target	79.40

Intraday share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Intraday Target	53.07
Downside Intraday Target	51.6
Upside Intraday Target	56.51
Upside Intraday Target	58.48
Upside Intraday Target	55.04

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	54.55	54.99	57.00	53.56	0.233 times
07 Fri Jun 2024	54.30	56.70	56.80	50.75	0.325 times
31 Fri May 2024	54.25	58.90	64.55	52.85	4.133 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

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
11 Tue Jun 2024	54.55	56.70	57.00	50.75	0.2 times
31 Fri May 2024	54.25	60.45	64.55	52.30	0.541 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

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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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. 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

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 54.04 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 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.