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(BAFNAPH_BE) Bafna Pharmaceuticals complete technical analysis [charts+indicators] | Buy/Sell Bafna Pharmaceuticals | (BAFNAPH_BE) share price targets

Complete technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE) by charts plus indicators, forecast predictions and share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Showing technical analysis as on 2024-04-04 View latest technical analysis

10 day averaged volume of Bafna Pharmaceuticals is 11921

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	91.85	92.70	92.70	90.00	0.082 times
03 Wed Apr 2024	88.45	88.40	88.45	85.00	0.434 times
02 Tue Apr 2024	84.25	81.70	84.25	80.25	0.208 times
01 Mon Apr 2024	80.25	79.00	82.20	78.25	0.602 times
28 Thu Mar 2024	78.35	76.20	78.70	75.90	1.949 times
27 Wed Mar 2024	78.05	77.10	78.10	76.00	4.037 times
26 Tue Mar 2024	78.15	79.80	81.50	77.10	0.627 times
22 Fri Mar 2024	79.65	80.70	82.35	79.05	0.154 times
21 Thu Mar 2024	80.70	80.60	82.60	79.00	0.719 times
20 Wed Mar 2024	79.90	80.75	84.25	79.90	0.42 times

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 91.1, for a target of 86.7 or 83.03

Share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Target	75.90
Downside Target	78.00
Downside Target	81.50
Downside Target	84.00
Downside Target	86.00
Downside Target	87.80
Downside Target	91.10
Upside Target	92.00
Upside Target	92.70
Upside Target	101.80
Upside Target	104.25
Upside Target	107.80

Intraday share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Intraday Target	82.5
Downside Intraday Target	73.15
Upside Intraday Target	96.95
Upside Intraday Target	102.05
Downside Intraday Target	87.6

Weekly technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	91.85	79.00	92.70	78.25	0.201 times
28 Thu Mar 2024	78.35	79.80	81.50	75.90	2.997 times
22 Fri Mar 2024	79.65	84.10	84.25	79.00	1.257 times
15 Fri Mar 2024	84.50	88.30	88.30	78.00	0.984 times
07 Thu Mar 2024	86.25	88.00	89.95	84.00	0.655 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 Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	91.85	79.00	92.70	78.25	0.106 times
28 Thu Mar 2024	78.35	90.90	91.10	75.90	0.992 times
29 Thu Feb 2024	87.50	98.00	101.80	86.00	0.651 times
31 Wed Jan 2024	98.00	92.00	107.80	92.00	0.936 times

Scroll below to view daily charts

Price has moved up 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 Bafna Pharmaceuticals (BAFNAPH_BE)

Price action analysis of Bafna Pharmaceuticals ( (BAFNAPH_BE) ) 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 Bafna Pharmaceuticals ( (BAFNAPH_BE) ) 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 Bafna Pharmaceuticals ( (BAFNAPH_BE) ) 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 Bafna Pharmaceuticals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bafna Pharmaceuticals 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.

Bafna Pharmaceuticals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 moving up

CCI has generated a buy signal for Bafna Pharmaceuticals 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 positive zone. This is a BUY zone

Stock of Bafna Pharmaceuticals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 79.33 and Bafna Pharmaceuticals (BAFNAPH_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Bafna Pharmaceuticals (BAFNAPH_BE) stock. Volume based technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE) stock is negative.

Bafna Pharmaceuticals 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.