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.

10 day averaged volume of Biofil Chemicals is 107670

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	72.15	74.80	77.60	71.35	2.926 times
22 Mon Apr 2024	74.55	67.50	75.75	67.50	5.24 times
19 Fri Apr 2024	67.60	67.00	68.65	65.65	0.521 times
18 Thu Apr 2024	68.65	70.20	70.50	67.35	0.615 times
16 Tue Apr 2024	68.70	64.25	71.00	64.25	1.102 times
15 Mon Apr 2024	65.40	65.00	67.50	62.50	0.662 times
12 Fri Apr 2024	67.70	67.05	69.95	66.55	0.388 times
10 Wed Apr 2024	67.25	67.65	68.45	66.15	0.255 times
09 Tue Apr 2024	67.65	67.05	68.00	65.55	0.454 times
08 Mon Apr 2024	66.55	68.65	69.80	66.15	0.344 times

Stock of Biofil Chemicals (BIOFILCHEM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 70.6, but if it comes below 70.6, then a intra day sell could be more profitable.
If you take a sell trade below 70.6, then use 70.6 as stoploss and 66.64 as target. However if you take a buy trade in stock , then use 70.6 as stoploss and 75.3 as target.

Share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Target	50.75
Downside Target	53.45
Downside Target	57.55
Downside Target	60.35
Downside Target	62.50
Downside Target	65.55
Downside Target	67.50
Downside Target	69.95
Upside Target	72.65
Upside Target	74.15
Upside Target	75.00
Upside Target	77.60
Upside Target	79.00

Intraday share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Intraday Target	67.23
Downside Intraday Target	62.32
Upside Intraday Target	77.33
Upside Intraday Target	82.52
Upside Intraday Target	72.42

Weekly technical analysis of Biofil Chemicals (BIOFILCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	72.15	67.50	77.60	67.50	2.816 times
19 Fri Apr 2024	67.60	65.00	71.00	62.50	2.012 times
12 Fri Apr 2024	67.70	68.65	69.95	65.55	0.224 times
05 Fri Apr 2024	67.75	61.50	72.65	60.80	2.795 times
28 Thu Mar 2024	60.60	62.50	67.55	57.55	1.391 times

Price has moved up 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
23 Tue Apr 2024	72.15	61.50	77.60	60.80	1.14 times
28 Thu Mar 2024	60.60	64.65	74.15	54.40	0.561 times
29 Thu Feb 2024	64.15	68.90	79.00	60.35	0.516 times
31 Wed Jan 2024	67.25	54.95	75.00	53.45	1.709 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 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 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 to mid 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 mid to longer 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.

ADX buy sell signal for Biofil Chemicals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Biofil Chemicals 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.

Biofil Chemicals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 but buying is losing 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 71.58 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 rising upwards.

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 positive

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