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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 2024-08-09 View latest technical analysis

10 day averaged volume of Biofil Chemicals is 72287

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	64.92	64.13	68.80	63.62	3.733 times
08 Thu Aug 2024	63.22	63.90	64.79	62.12	0.483 times
07 Wed Aug 2024	63.90	63.00	64.24	62.54	0.303 times
06 Tue Aug 2024	62.44	63.35	65.00	62.05	0.241 times
05 Mon Aug 2024	62.76	65.95	65.95	62.42	1.076 times
02 Fri Aug 2024	65.96	65.75	68.40	64.10	1.571 times
01 Thu Aug 2024	65.35	67.01	68.74	65.00	0.657 times
31 Wed Jul 2024	66.63	68.90	70.50	64.70	1.453 times
30 Tue Jul 2024	67.15	63.80	68.36	63.19	2.757 times
29 Mon Jul 2024	63.83	66.90	66.90	63.55	0.716 times

Stock of Biofil Chemicals (BIOFILCHEM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 65.8 or till 67.6. Use a stoploss of 64.33 and if this stock hits its stoploss, then it can fall down till 62.83

Share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Target	53.55
Downside Target	58.66
Downside Target	60.00
Upside Target	66.54
Upside Target	68.80
Upside Target	70.50
Upside Target	70.60
Upside Target	71.90
Upside Target	72.40
Upside Target	72.97
Upside Target	77.60

Intraday share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Intraday Target	61.71
Downside Intraday Target	58.51
Upside Intraday Target	68.46
Upside Intraday Target	72.01
Upside Intraday Target	65.26

Weekly technical analysis of Biofil Chemicals (BIOFILCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	64.92	65.95	68.80	62.05	0.816 times
02 Fri Aug 2024	65.96	66.90	70.50	63.19	1.209 times
26 Fri Jul 2024	65.07	60.05	66.54	58.66	2.211 times
19 Fri Jul 2024	60.71	65.50	67.49	60.00	0.724 times
12 Fri Jul 2024	65.58	71.90	71.90	63.41	0.327 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
09 Fri Aug 2024	64.92	67.01	68.80	62.05	0.283 times
31 Wed Jul 2024	66.63	65.90	72.97	58.66	1.517 times
28 Fri Jun 2024	64.36	63.75	70.60	53.55	2.103 times
31 Fri May 2024	62.55	71.90	72.40	61.65	0.279 times

Scroll below to view daily charts

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 Biofil Chemicals (BIOFILCHEM)

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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL signal for Biofil Chemicals in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Biofil Chemicals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 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 65.36 and Biofil Chemicals (BIOFILCHEM) 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 Biofil Chemicals (BIOFILCHEM) stock. Volume based technical analysis of Biofil Chemicals (BIOFILCHEM) stock is negative.

Biofil Chemicals Stock has given negative 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.