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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 2024-09-05 View latest technical analysis

10 day averaged volume of Biofil Chemicals is 56422

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	67.07	63.84	68.74	63.84	3.452 times
04 Wed Sep 2024	63.69	65.30	65.30	63.27	0.406 times
03 Tue Sep 2024	63.76	63.55	65.44	63.55	0.366 times
02 Mon Sep 2024	63.95	66.75	66.75	63.53	0.458 times
30 Fri Aug 2024	65.18	64.76	66.50	64.34	0.432 times
29 Thu Aug 2024	64.76	64.80	65.50	64.01	0.55 times
28 Wed Aug 2024	64.93	66.75	66.75	64.50	0.632 times
27 Tue Aug 2024	65.00	67.95	67.95	64.15	0.726 times
26 Mon Aug 2024	66.10	69.95	69.95	65.55	0.747 times
23 Fri Aug 2024	67.94	69.30	69.30	67.00	2.539 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, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 66.2, but if it comes below 66.2, then a intra day sell could be more profitable.
If you take a sell trade below 66.2, then use 66.2 as stoploss and 64.72 as target. However if you take a buy trade in stock , then use 66.2 as stoploss and 67.9 as target.

Share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Target	53.55
Downside Target	58.66
Downside Target	60.12
Downside Target	61.65
Downside Target	65.70
Upside Target	68.74
Upside Target	68.80
Upside Target	69.30
Upside Target	69.95
Upside Target	70.60
Upside Target	72.40
Upside Target	72.97

Intraday share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Intraday Target	63.98
Downside Intraday Target	60.89
Upside Intraday Target	69.45
Upside Intraday Target	71.83
Downside Intraday Target	66.36

Weekly technical analysis of Biofil Chemicals (BIOFILCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	67.07	66.75	68.74	63.27	1.517 times
30 Fri Aug 2024	65.18	69.95	69.95	64.01	0.394 times
23 Fri Aug 2024	67.94	62.97	69.30	62.96	3.048 times
16 Fri Aug 2024	62.97	63.60	65.70	60.12	0.344 times
09 Fri Aug 2024	64.92	65.95	68.80	62.05	0.816 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
05 Thu Sep 2024	67.07	66.75	68.74	63.27	0.196 times
30 Fri Aug 2024	65.18	67.01	69.95	60.12	0.652 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

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 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 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 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 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 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 green color and prices are above the green 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 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 66.35 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 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.