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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 2024-04-10 View latest technical analysis

10 day averaged volume of Biofil Chemicals is 102482

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	67.25	67.65	68.45	66.15	0.268 times
09 Tue Apr 2024	67.65	67.05	68.00	65.55	0.477 times
08 Mon Apr 2024	66.55	68.65	69.80	66.15	0.362 times
05 Fri Apr 2024	67.75	67.75	69.35	66.05	0.439 times
04 Thu Apr 2024	67.75	69.90	70.80	66.50	0.889 times
03 Wed Apr 2024	69.50	71.25	71.40	68.80	0.859 times
02 Tue Apr 2024	70.05	68.25	72.00	68.20	1.156 times
01 Mon Apr 2024	68.10	61.50	72.65	60.80	3.404 times
28 Thu Mar 2024	60.60	60.35	62.90	60.00	0.231 times
27 Wed Mar 2024	60.30	59.95	67.55	57.55	1.816 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 67.4 as stoploss in an intra day sell trade for a target of 63.25. However, stock will show a bullish move above 67.4.

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	65.55
Upside Target	67.55
Upside Target	69.80
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	65.27
Downside Intraday Target	63.28
Upside Intraday Target	69.52
Upside Intraday Target	71.78
Upside Intraday Target	67.53

Weekly technical analysis of Biofil Chemicals (BIOFILCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	67.25	68.65	69.80	65.55	0.164 times
05 Fri Apr 2024	67.75	61.50	72.65	60.80	2.795 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

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 Biofil Chemicals (BIOFILCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	67.25	61.50	72.65	60.80	0.45 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 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 Biofil Chemicals ( (BIOFILCHEM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Biofil Chemicals ( (BIOFILCHEM) ) based on a short to mid 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 mid to longer 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.

ADX buy sell signal for Biofil Chemicals stock for short term is BUY. Signal strength is Strong and stock is gaining 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 tired and bears are picking up momentum.

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 Biofil Chemicals 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 Biofil Chemicals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 66.7 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.