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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 2024-08-14 View latest technical analysis

10 day averaged volume of Orissa Bengal is 54814

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	56.24	57.56	58.39	56.10	0.559 times
13 Tue Aug 2024	57.01	57.10	59.59	56.60	1.069 times
12 Mon Aug 2024	57.10	57.50	58.24	56.70	0.72 times
09 Fri Aug 2024	57.13	56.40	58.39	56.40	0.757 times
08 Thu Aug 2024	56.16	57.35	58.98	56.06	2.326 times
07 Wed Aug 2024	56.57	55.75	57.63	55.50	0.885 times
06 Tue Aug 2024	54.99	59.00	59.00	54.05	0.768 times
05 Mon Aug 2024	56.41	58.05	60.03	56.10	1.256 times
02 Fri Aug 2024	59.40	60.67	60.67	58.90	0.542 times
01 Thu Aug 2024	60.66	60.70	62.50	60.32	0.953 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 55.6 as stoploss in an intra day buy trade for a target of 57.64. However, stock will show a bearish move below 55.6.

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	47.90
Downside Target	50.75
Downside Target	52.30
Downside Target	54.00
Downside Target	55.16
Upside Target	58.00
Upside Target	59.20
Upside Target	61.35
Upside Target	62.50
Upside Target	64.55
Upside Target	68.85
Upside Target	69.00

Intraday share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Intraday Target	55.03
Downside Intraday Target	53.82
Upside Intraday Target	58.52
Upside Intraday Target	60.8
Upside Intraday Target	57.31

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	56.24	57.50	59.59	56.10	0.392 times
09 Fri Aug 2024	57.13	58.05	60.03	54.05	0.704 times
02 Fri Aug 2024	59.40	60.80	64.55	58.00	1.427 times
26 Fri Jul 2024	60.01	56.90	61.35	54.00	1.65 times
19 Fri Jul 2024	56.25	56.50	59.20	55.16	0.882 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
14 Wed Aug 2024	56.24	60.70	62.50	54.05	0.367 times
31 Wed Jul 2024	60.69	61.90	64.55	54.00	0.598 times
28 Fri Jun 2024	59.74	56.70	69.00	50.75	1.212 times
31 Fri May 2024	54.25	60.45	64.55	52.30	0.541 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Orissa Bengal ( (OBCL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Orissa Bengal ( (OBCL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Orissa Bengal ( (OBCL) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

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 56.99 and Orissa Bengal (OBCL) stock is trading below this level. This means that stock is falling with high volumes. 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.