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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 17896

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 55.49 55.61 57.00 55.05 1.028 times
22 Fri Nov 2024 56.31 57.40 57.40 55.81 0.663 times
21 Thu Nov 2024 56.80 56.50 57.95 55.26 1.613 times
19 Tue Nov 2024 56.35 56.81 57.19 55.01 3.066 times
18 Mon Nov 2024 56.75 57.40 57.40 56.75 0.456 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 55.9, for a target of 56.4 or 56.74

Share price targets for Orissa Bengal (OBCL)

Target Type Value
Downside Target 54.00
Upside Target 57.75
Upside Target 57.95
Upside Target 58.00
Upside Target 59.80
Upside Target 61.99
Upside Target 63.89
Upside Target 64.55

Intraday share price targets for Orissa Bengal (OBCL)

Target Type Value
Downside Intraday Target 54.69
Downside Intraday Target 53.9
Upside Intraday Target 56.64
Upside Intraday Target 57.8
Upside Intraday Target 55.85

Weekly technical analysis of Orissa Bengal (OBCL)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 55.49 55.61 57.00 55.05 0.177 times
22 Fri Nov 2024 56.31 57.40 57.95 55.01 2.119 times
14 Thu Nov 2024 56.76 57.11 57.75 55.05 0.319 times
08 Fri Nov 2024 56.75 57.29 58.00 55.60 2.482 times
01 Fri Nov 2024 57.29 57.04 59.80 55.58 0.743 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
25 Mon Nov 2024 55.49 57.90 58.00 55.01 0.403 times
31 Thu Oct 2024 56.75 56.82 59.80 54.52 0.559 times
30 Mon Sep 2024 56.75 58.45 61.99 56.00 0.966 times
30 Fri Aug 2024 57.64 60.70 63.89 54.05 1.026 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 12, 22, 29 Sell
MACD -0, -0Sell
Stochastics 40None
CCI -161Sell
RSI 53Buy
OBV -137944Sell
VWAP 57Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Orissa Bengal ( (OBCL) ) based on a short 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Orissa Bengal stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Orissa Bengal in short term and the sell signal is strong.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 56.5 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.

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