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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 2024-06-27 View latest technical analysis

10 day averaged volume of Orissa Bengal is 82408

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	60.93	67.50	69.00	60.11	13.199 times
26 Wed Jun 2024	61.48	57.45	63.50	56.01	2.541 times
25 Tue Jun 2024	56.82	57.10	57.49	56.05	0.937 times
24 Mon Jun 2024	56.76	58.65	58.65	56.05	0.382 times
21 Fri Jun 2024	58.65	55.17	63.02	55.17	3.321 times
20 Thu Jun 2024	55.17	56.00	56.59	54.50	0.425 times
19 Wed Jun 2024	55.46	56.90	57.48	54.45	0.507 times
18 Tue Jun 2024	55.96	56.25	57.89	55.40	0.408 times
14 Fri Jun 2024	55.92	55.21	56.70	55.09	0.42 times
13 Thu Jun 2024	55.84	56.21	57.50	55.50	0.483 times

Stock of Orissa Bengal (OBCL) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 61, for a target of 58.2 or 55.8

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
Downside Target	56.01
Downside Target	60.20
Upside Target	63.02
Upside Target	64.55
Upside Target	64.90
Upside Target	68.85
Upside Target	69.00
Upside Target	79.40

Intraday share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Intraday Target	54.96
Downside Intraday Target	48.99
Upside Intraday Target	67.95
Upside Intraday Target	74.97
Upside Intraday Target	61.98

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	60.93	58.65	69.00	56.01	3.66 times
21 Fri Jun 2024	58.65	56.25	63.02	54.45	1.935 times
14 Fri Jun 2024	55.92	54.99	57.50	53.56	0.603 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Orissa Bengal (OBCL)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	60.93	56.70	69.00	50.75	1.145 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Orissa Bengal in short term and the buy signal is strong.

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 coming down

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 59.89 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.