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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 2024-10-29 View latest technical analysis

10 day averaged volume of Biofil Chemicals is 66551

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	66.47	66.30	66.89	65.50	0.268 times
28 Mon Oct 2024	67.43	64.16	68.00	63.13	0.53 times
25 Fri Oct 2024	64.16	64.54	67.00	60.51	1.382 times
24 Thu Oct 2024	65.06	65.80	67.90	64.25	0.783 times
23 Wed Oct 2024	65.80	65.51	67.29	63.75	0.764 times
22 Tue Oct 2024	65.87	67.98	70.45	65.51	1.12 times
21 Mon Oct 2024	68.40	72.80	72.80	67.01	1.059 times
18 Fri Oct 2024	70.74	72.11	72.55	70.48	0.921 times
17 Thu Oct 2024	72.56	74.79	75.50	72.10	0.641 times
16 Wed Oct 2024	74.08	77.99	77.99	73.61	0.81 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67.1, but if it comes above 67.1, then a intra day buy could be more profitable.
If you take a sell trade below 67.1, then use 67.1 as stoploss and 61.3 as target. However if you take a buy trade in stock , then use 67.1 as stoploss and 71.88 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	63.13
Upside Target	68.00
Upside Target	69.95
Upside Target	72.80
Upside Target	76.51
Upside Target	77.99
Upside Target	79.70
Upside Target	83.00
Upside Target	84.00
Upside Target	91.87

Intraday share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Intraday Target	63.73
Downside Intraday Target	61
Upside Intraday Target	68.6
Upside Intraday Target	70.74
Downside Intraday Target	65.87

Weekly technical analysis of Biofil Chemicals (BIOFILCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	66.47	64.16	68.00	63.13	0.156 times
25 Fri Oct 2024	64.16	72.80	72.80	60.51	0.974 times
18 Fri Oct 2024	70.74	75.97	77.99	70.48	0.758 times
11 Fri Oct 2024	75.08	77.98	79.70	68.18	0.977 times
04 Fri Oct 2024	77.98	79.98	84.00	76.51	0.582 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
29 Tue Oct 2024	66.47	82.13	83.00	60.51	0.129 times
30 Mon Sep 2024	81.95	66.75	91.87	63.27	8.371 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

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 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 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 to mid 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

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. 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 coming down

CCI has generated a buy signal for Biofil Chemicals in short term but BUY signal is weak.

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

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 67.81 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 negative.

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