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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.

10 day averaged volume of Biofil Chemicals is 144152

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	70.40	72.55	73.60	70.15	0.191 times
29 Mon Apr 2024	71.60	70.45	72.70	70.10	0.302 times
26 Fri Apr 2024	69.90	70.85	72.35	69.50	0.338 times
25 Thu Apr 2024	70.85	73.65	73.65	69.55	0.381 times
24 Wed Apr 2024	72.60	73.70	74.90	71.25	0.713 times
23 Tue Apr 2024	72.15	74.80	77.60	71.35	2.186 times
22 Mon Apr 2024	74.55	67.50	75.75	67.50	3.914 times
19 Fri Apr 2024	67.60	67.00	68.65	65.65	0.389 times
18 Thu Apr 2024	68.65	70.20	70.50	67.35	0.46 times
16 Tue Apr 2024	68.70	64.25	71.00	64.25	0.823 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 71.5 as stoploss in an intra day sell trade for a target of 69.24. However, stock will show a bullish move above 71.5.

Share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Target	50.75
Downside Target	53.45
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	73.60
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	69.13
Downside Intraday Target	67.87
Upside Intraday Target	72.63
Upside Intraday Target	74.87
Upside Intraday Target	71.37

Weekly technical analysis of Biofil Chemicals (BIOFILCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	70.40	70.45	73.60	70.10	0.065 times
26 Fri Apr 2024	69.90	67.50	77.60	67.50	3.477 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

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 Biofil Chemicals (BIOFILCHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	70.40	61.50	77.60	60.80	1.295 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Biofil Chemicals ( (BIOFILCHEM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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.

Biofil Chemicals 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Biofil Chemicals in short term but SELL signal is weak.

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

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 72.33 and Biofil Chemicals (BIOFILCHEM) stock is trading below this level. This means that stock is falling with high volumes. 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.