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(BIOFILCHEM) Biofil Chemicals complete technical analysis [charts+indicators] | Buy/Sell Biofil Chemicals | (BIOFILCHEM) share price targets

Complete technical analysis of Biofil Chemicals (BIOFILCHEM) by charts plus indicators, forecast predictions and share price targets for Biofil Chemicals (BIOFILCHEM)

Biofil Chemicals trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-04-02 View latest technical analysis

10 day averaged volume of Biofil Chemicals is 82189

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	70.05	68.25	72.00	68.20	1.442 times
01 Mon Apr 2024	68.10	61.50	72.65	60.80	4.245 times
28 Thu Mar 2024	60.60	60.35	62.90	60.00	0.288 times
27 Wed Mar 2024	60.30	59.95	67.55	57.55	2.265 times
26 Tue Mar 2024	59.95	62.50	63.80	59.15	0.458 times
22 Fri Mar 2024	61.60	62.50	62.95	61.25	0.445 times
21 Thu Mar 2024	60.95	59.70	62.00	58.95	0.308 times
20 Wed Mar 2024	59.05	60.65	60.65	58.30	0.269 times
19 Tue Mar 2024	58.65	60.55	62.00	56.85	0.672 times
18 Mon Mar 2024	59.20	59.50	62.55	58.00	0.47 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 71.4, for a target of 66.6 or 62.63

Share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Target	50.75
Downside Target	53.45
Downside Target	56.85
Downside Target	60.35
Downside Target	62.95
Downside Target	67.55
Upside Target	71.95
Upside Target	72.65
Upside Target	74.15
Upside Target	75.00
Upside Target	79.00

Intraday share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Intraday Target	63.02
Downside Intraday Target	55.98
Upside Intraday Target	74.87
Upside Intraday Target	79.68
Downside Intraday Target	67.83

Weekly technical analysis of Biofil Chemicals (BIOFILCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	70.05	61.50	72.65	60.80	1.889 times
28 Thu Mar 2024	60.60	62.50	67.55	57.55	1.391 times
22 Fri Mar 2024	61.60	59.50	62.95	56.85	0.369 times
15 Fri Mar 2024	60.55	70.10	71.95	54.40	0.561 times
07 Thu Mar 2024	72.05	65.65	74.15	60.55	3.239 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 Biofil Chemicals (BIOFILCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	70.05	61.50	72.65	60.80	0.261 times
28 Thu Mar 2024	60.60	64.65	74.15	54.40	0.561 times
29 Thu Feb 2024	64.15	68.90	79.00	60.35	0.516 times
31 Wed Jan 2024	67.25	54.95	75.00	53.45	1.709 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 Biofil Chemicals (BIOFILCHEM)

Price action analysis of Biofil Chemicals ( (BIOFILCHEM) ) 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 Biofil Chemicals ( (BIOFILCHEM) ) 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 Biofil Chemicals ( (BIOFILCHEM) ) based on a short to mid 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 Biofil Chemicals ( (BIOFILCHEM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Biofil Chemicals stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Biofil Chemicals 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.

Biofil Chemicals 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Biofil Chemicals in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 Biofil Chemicals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 64.53 and Biofil Chemicals (BIOFILCHEM) 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 Biofil Chemicals (BIOFILCHEM) stock. Volume based technical analysis of Biofil Chemicals (BIOFILCHEM) stock is negative.

Biofil Chemicals 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.