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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 2024-11-04 View latest technical analysis

10 day averaged volume of Biofil Chemicals is 48789

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	68.70	71.00	72.09	67.90	0.485 times
01 Fri Nov 2024	70.01	69.79	72.00	66.55	0.696 times
31 Thu Oct 2024	69.35	67.47	70.25	66.51	0.802 times
30 Wed Oct 2024	67.15	66.79	68.50	65.81	0.445 times
29 Tue Oct 2024	66.47	66.30	66.89	65.50	0.366 times
28 Mon Oct 2024	67.43	64.16	68.00	63.13	0.723 times
25 Fri Oct 2024	64.16	64.54	67.00	60.51	1.885 times
24 Thu Oct 2024	65.06	65.80	67.90	64.25	1.068 times
23 Wed Oct 2024	65.80	65.51	67.29	63.75	1.042 times
22 Tue Oct 2024	65.87	67.98	70.45	65.51	1.528 times

My analysis of stock is bearish for shortterm, and stock might move down till 66.3 or till 61.6. Use a stoploss of 70.26 and if the stock hits stoploss, then it can shoot up till 74.19

Share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Target	58.66
Downside Target	60.12
Downside Target	63.13
Downside Target	66.55
Downside Target	67.90
Upside Target	69.95
Upside Target	72.00
Upside Target	72.80
Upside Target	72.97
Upside Target	77.99
Upside Target	79.70
Upside Target	83.00
Upside Target	91.87

Intraday share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Intraday Target	67.04
Downside Intraday Target	65.37
Upside Intraday Target	71.23
Upside Intraday Target	73.75
Upside Intraday Target	69.56

Weekly technical analysis of Biofil Chemicals (BIOFILCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	68.70	71.00	72.09	67.90	0.16 times
01 Fri Nov 2024	70.01	64.16	72.00	63.13	0.435 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

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
04 Mon Nov 2024	68.70	69.79	72.09	66.55	0.038 times
31 Thu Oct 2024	69.35	82.13	83.00	60.51	0.134 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

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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Biofil Chemicals in short term but the buy signal is initial and weak.

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 stronger in this stock.

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 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 66.4 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 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.