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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)

10 day averaged volume of Orissa Bengal is 165459

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	60.85	66.10	68.85	59.30	9.344 times
29 Mon Apr 2024	61.95	51.70	61.95	51.70	6.349 times
26 Fri Apr 2024	51.65	52.80	53.50	51.00	0.374 times
25 Thu Apr 2024	52.35	53.15	54.95	51.85	0.237 times
24 Wed Apr 2024	53.25	53.75	54.35	52.60	0.6 times
23 Tue Apr 2024	53.45	53.40	54.45	52.70	0.366 times
22 Mon Apr 2024	52.70	52.50	53.80	51.80	0.322 times
19 Fri Apr 2024	51.55	51.70	52.45	50.00	0.408 times
18 Thu Apr 2024	51.00	53.90	53.90	50.50	0.369 times
16 Tue Apr 2024	51.80	50.60	52.60	50.60	0.208 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 60.1, for a target of 56.7 or 53.84

Share price targets for Orissa Bengal (OBCL)

Target Type	Value
Downside Target	46.50
Downside Target	47.90
Downside Target	50.00
Downside Target	51.00
Downside Target	54.95
Downside Target	58.15
Downside Target	60.20
Upside Target	64.90
Upside Target	65.00
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	52.08
Downside Intraday Target	43.32
Upside Intraday Target	69.23
Upside Intraday Target	77.62
Downside Intraday Target	60.47

Weekly technical analysis of Orissa Bengal (OBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	60.85	51.70	68.85	51.70	8.263 times
26 Fri Apr 2024	51.65	52.50	54.95	51.00	1.084 times
19 Fri Apr 2024	51.55	52.75	56.70	50.00	1.666 times
12 Fri Apr 2024	52.80	56.80	56.80	52.50	0.472 times
05 Fri Apr 2024	55.35	48.50	55.90	47.90	1.287 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
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
31 Wed Jan 2024	62.85	59.45	69.70	58.15	1.694 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 above 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 59.9 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.