Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-14 View latest technical analysis

10 day averaged volume of Biofil Chemicals is 35251

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	62.57	60.11	63.99	60.11	0.719 times
13 Wed Nov 2024	62.00	61.60	66.50	61.25	1.453 times
12 Tue Nov 2024	61.58	64.80	65.66	59.98	1.325 times
11 Mon Nov 2024	64.50	65.20	65.70	63.82	0.635 times
08 Fri Nov 2024	64.76	67.20	67.26	64.50	1.137 times
07 Thu Nov 2024	67.02	68.29	69.23	66.60	0.756 times
06 Wed Nov 2024	68.00	66.77	70.00	66.77	1.234 times
05 Tue Nov 2024	66.77	68.70	69.60	66.06	0.716 times
04 Mon Nov 2024	68.70	71.00	72.09	67.90	0.671 times
01 Fri Nov 2024	70.01	69.79	72.00	66.55	0.963 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 63.8, but if it comes above 63.8, then a intra day buy could be more profitable.
If you take a sell trade below 63.8, then use 63.8 as stoploss and 60.8 as target. However if you take a buy trade in stock , then use 63.8 as stoploss and 66.32 as target.

Share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Target	58.66
Downside Target	59.98
Upside Target	63.13
Upside Target	66.50
Upside Target	69.95
Upside Target	72.00
Upside Target	72.09
Upside Target	72.80
Upside Target	72.97
Upside Target	77.99
Upside Target	83.00
Upside Target	91.87

Intraday share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Intraday Target	59.53
Downside Intraday Target	56.5
Upside Intraday Target	66.05
Upside Intraday Target	69.54
Upside Intraday Target	63.02

Weekly technical analysis of Biofil Chemicals (BIOFILCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	62.57	65.20	66.50	59.98	0.915 times
08 Fri Nov 2024	64.76	71.00	72.09	64.50	1.076 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

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
14 Thu Nov 2024	62.57	69.79	72.09	59.98	0.224 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 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Biofil Chemicals ( (BIOFILCHEM) ) based on a mid to longer 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.

ADX buy sell signal for Biofil Chemicals stock for short term is SELL. 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.

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 SELL signal for Biofil Chemicals in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 65.27 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.