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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 2024-12-20 View latest technical analysis

10 day averaged volume of Biofil Chemicals is 58827

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	59.24	61.50	61.89	59.10	0.616 times
19 Thu Dec 2024	61.40	60.00	62.44	59.71	0.367 times
18 Wed Dec 2024	61.20	65.62	66.29	59.80	4.543 times
17 Tue Dec 2024	65.36	65.48	67.69	64.52	1.104 times
16 Mon Dec 2024	65.17	64.00	65.50	63.41	0.431 times
13 Fri Dec 2024	63.78	63.33	64.30	62.60	0.492 times
12 Thu Dec 2024	63.33	64.55	66.24	62.30	0.567 times
11 Wed Dec 2024	64.68	64.89	65.98	64.11	0.406 times
10 Tue Dec 2024	64.59	63.61	65.83	63.61	0.398 times
09 Mon Dec 2024	64.72	65.20	66.52	62.97	1.274 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 59.1, for a target of 61.5 or 63.57

Share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Target	58.41
Upside Target	62.30
Upside Target	64.69
Upside Target	66.52
Upside Target	67.69
Upside Target	68.53
Upside Target	69.95
Upside Target	72.09
Upside Target	83.00
Upside Target	91.87

Intraday share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Intraday Target	56.33
Downside Intraday Target	53.42
Upside Intraday Target	64.92
Upside Intraday Target	70.6
Upside Intraday Target	62.01

Weekly technical analysis of Biofil Chemicals (BIOFILCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	59.24	64.00	67.69	59.10	2.251 times
13 Fri Dec 2024	63.78	65.20	66.52	62.30	0.742 times
06 Fri Dec 2024	65.19	62.81	68.53	62.51	1.547 times
29 Fri Nov 2024	62.81	61.90	64.69	58.41	0.997 times
22 Fri Nov 2024	59.20	61.00	63.30	58.51	1.108 times

Price has moved down 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
20 Fri Dec 2024	59.24	62.81	68.53	59.10	1.284 times
29 Fri Nov 2024	62.81	69.79	72.09	58.41	0.437 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

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

RSI is generating a SELL signal in short term and selling is picking up 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 62.66 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.