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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 2024-09-18 View latest technical analysis

10 day averaged volume of Biofil Chemicals is 853681

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	83.73	80.89	87.80	80.71	0.911 times
17 Tue Sep 2024	80.87	87.99	87.99	80.10	0.921 times
16 Mon Sep 2024	88.54	78.45	91.87	78.00	4.035 times
13 Fri Sep 2024	77.08	66.21	79.45	66.16	4.514 times
12 Thu Sep 2024	66.21	65.25	66.62	65.25	0.046 times
11 Wed Sep 2024	65.24	66.79	66.79	64.75	0.038 times
10 Tue Sep 2024	65.14	65.10	67.25	64.68	0.106 times
09 Mon Sep 2024	64.98	64.63	66.54	64.05	0.033 times
06 Fri Sep 2024	65.39	67.50	67.99	64.60	0.053 times
05 Thu Sep 2024	67.07	63.84	68.74	63.84	0.228 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 84.7, for a target of 76 or 68.86

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	62.96
Downside Target	68.74
Downside Target	70.60
Downside Target	72.40
Downside Target	72.97
Downside Target	78.00
Downside Target	79.45
Upside Target	91.87

Intraday share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Intraday Target	77.2
Downside Intraday Target	70.66
Upside Intraday Target	91.07
Upside Intraday Target	98.4
Upside Intraday Target	84.53

Weekly technical analysis of Biofil Chemicals (BIOFILCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	83.73	78.45	91.87	78.00	1.239 times
13 Fri Sep 2024	77.08	64.63	79.45	64.05	13.066 times
06 Fri Sep 2024	65.39	66.75	68.74	63.27	1.776 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

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 Biofil Chemicals (BIOFILCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	83.73	66.75	91.87	63.27	6.963 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, and volume has increased substantially. This means that the move can 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 81.7 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 positive

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