Stock analysis Orissa Bengal Carrier Ltd OBCL
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Recent prices of OBCL Orissa Bengal Carrier Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 19 Fri Apr 2024 | 51.55 | 50.00 to 52.45 | 1.08% | 1.2 times |
| 18 Thu Apr 2024 | 51.00 | 50.50 to 53.90 | -1.54% | 1.08 times |
| 16 Tue Apr 2024 | 51.80 | 50.60 to 52.60 | 0.39% | 0.61 times |
| 15 Mon Apr 2024 | 51.60 | 50.40 to 56.70 | -2.27% | 2.25 times |
| 12 Fri Apr 2024 | 52.80 | 52.50 to 55.85 | -3.83% | 1.55 times |
| 10 Wed Apr 2024 | 54.90 | 53.25 to 55.60 | 2.04% | 0.64 times |
| 09 Tue Apr 2024 | 53.80 | 53.00 to 55.75 | -1.47% | 0.47 times |
| 08 Mon Apr 2024 | 54.60 | 54.35 to 56.80 | -1.36% | 0.42 times |
| 05 Fri Apr 2024 | 55.35 | 54.50 to 55.90 | 0.45% | 0.4 times |
| 04 Thu Apr 2024 | 55.10 | 53.45 to 55.80 | 2.13% | 0.66 times |
| 03 Wed Apr 2024 | 53.95 | 52.15 to 54.70 | 2.47% | 1.9 times |
| 02 Tue Apr 2024 | 52.65 | 51.60 to 54.00 | 2.23% | 2.35 times |
Technical analysis forecast for Orissa Bengal Carrier Ltd Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Orissa Bengal Carrier Ltd OBCL at this time. Stock is falling and might fall more.
It appears as if Orissa Bengal Carrier Ltd OBCL gave a large move recently.
Stock of Orissa Bengal Carrier Ltd (OBCL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Orissa Bengal Carrier Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 51.3 as stoploss in an intra day buy trade for a target of 53.38. However, stock will show a bearish move below 51.3.