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(BAFNAPH_BE) Bafna Pharmaceuticals complete technical analysis [charts+indicators] | Buy/Sell Bafna Pharmaceuticals | (BAFNAPH_BE) share price targets

Complete technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE) by charts plus indicators, forecast predictions and share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Showing technical analysis as on 2024-04-29 View latest technical analysis

10 day averaged volume of Bafna Pharmaceuticals is 5094

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	90.30	88.95	90.30	88.95	1.635 times
26 Fri Apr 2024	86.00	85.00	89.95	85.00	0.294 times
25 Thu Apr 2024	86.85	88.70	88.70	85.00	2.402 times
24 Wed Apr 2024	86.50	88.85	88.90	85.00	4.172 times
23 Tue Apr 2024	86.00	85.10	87.90	85.10	0.333 times
22 Mon Apr 2024	85.30	86.80	87.90	83.25	0.103 times
19 Fri Apr 2024	86.80	85.15	86.95	85.10	0.29 times
18 Thu Apr 2024	87.50	87.05	88.40	85.50	0.369 times
16 Tue Apr 2024	87.00	86.10	87.20	86.10	0.077 times
15 Mon Apr 2024	86.00	87.00	88.50	86.00	1.734 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 90, but if it comes below 90, then a intra day sell could be more profitable.
If you take a sell trade below 90, then use 90 as stoploss and 86.84 as target. However if you take a buy trade in stock , then use 90 as stoploss and 93.9 as target.

Share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Target	75.90
Downside Target	78.25
Downside Target	83.25
Downside Target	85.10
Downside Target	87.80
Upside Target	92.00
Upside Target	92.45
Upside Target	92.70
Upside Target	101.80
Upside Target	104.25
Upside Target	107.80

Intraday share price targets for Bafna Pharmaceuticals (BAFNAPH_BE)

Target Type	Value
Downside Intraday Target	89.4
Downside Intraday Target	88.5
Upside Intraday Target	90.75
Upside Intraday Target	91.2
Downside Intraday Target	89.85

Weekly technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	90.30	88.95	90.30	88.95	0.224 times
26 Fri Apr 2024	86.00	86.80	89.95	83.25	2.957 times
19 Fri Apr 2024	86.80	87.00	88.50	85.10	0.789 times
12 Fri Apr 2024	87.00	92.45	92.45	85.50	0.882 times
05 Fri Apr 2024	88.50	79.00	92.70	78.25	0.229 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 Bafna Pharmaceuticals (BAFNAPH_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	90.30	79.00	92.70	78.25	0.616 times
28 Thu Mar 2024	78.35	90.90	91.10	75.90	0.992 times
29 Thu Feb 2024	87.50	98.00	101.80	86.00	0.651 times
31 Wed Jan 2024	98.00	92.00	107.80	92.00	0.936 times

Scroll below to view daily charts

Price has moved up 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 Bafna Pharmaceuticals (BAFNAPH_BE)

Price action analysis of Bafna Pharmaceuticals ( (BAFNAPH_BE) ) 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 Bafna Pharmaceuticals ( (BAFNAPH_BE) ) 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 Bafna Pharmaceuticals ( (BAFNAPH_BE) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Bafna Pharmaceuticals ( (BAFNAPH_BE) ) 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 Bafna Pharmaceuticals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bafna Pharmaceuticals 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.

Bafna Pharmaceuticals 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. Bulls are getting stronger in this stock.

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 Bafna Pharmaceuticals 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 positive zone. This is a BUY zone

Stock of Bafna Pharmaceuticals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 87.05 and Bafna Pharmaceuticals (BAFNAPH_BE) 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 Bafna Pharmaceuticals (BAFNAPH_BE) stock. Volume based technical analysis of Bafna Pharmaceuticals (BAFNAPH_BE) stock is negative.

Bafna Pharmaceuticals 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.