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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 2024-08-19 View latest technical analysis

10 day averaged volume of Orissa Bengal is 61958

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	59.30	58.00	61.69	57.03	2.359 times
16 Fri Aug 2024	57.03	58.50	58.70	56.20	2.142 times
14 Wed Aug 2024	56.24	57.56	58.39	56.10	0.494 times
13 Tue Aug 2024	57.01	57.10	59.59	56.60	0.946 times
12 Mon Aug 2024	57.10	57.50	58.24	56.70	0.637 times
09 Fri Aug 2024	57.13	56.40	58.39	56.40	0.669 times
08 Thu Aug 2024	56.16	57.35	58.98	56.06	2.058 times
07 Wed Aug 2024	56.57	55.75	57.63	55.50	0.783 times
06 Tue Aug 2024	54.99	59.00	59.00	54.05	0.679 times
05 Mon Aug 2024	56.41	58.05	60.03	56.10	1.111 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 59.9 as stoploss in an intra day sell trade for a target of 57.82. However, stock will show a bullish move above 59.9.

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	56.10
Upside Target	59.59
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	56.99
Downside Intraday Target	54.68
Upside Intraday Target	61.65
Upside Intraday Target	64
Upside Intraday Target	59.34

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	59.30	58.00	61.69	57.03	0.559 times
16 Fri Aug 2024	57.03	57.50	59.59	56.10	0.796 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

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
19 Mon Aug 2024	59.30	60.70	62.50	54.05	0.557 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Orissa Bengal ( (OBCL) ) based on a short 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 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 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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

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 57.1 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 has given negative 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.