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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 2024-09-24 View latest technical analysis

10 day averaged volume of Biofil Chemicals is 1020865

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	81.73	83.85	84.20	81.10	0.102 times
23 Mon Sep 2024	83.51	84.95	86.25	81.01	0.319 times
20 Fri Sep 2024	83.60	77.70	85.90	77.70	0.536 times
19 Thu Sep 2024	77.68	84.99	85.00	75.41	0.305 times
18 Wed Sep 2024	83.73	80.89	87.80	80.71	0.762 times
17 Tue Sep 2024	80.87	87.99	87.99	80.10	0.77 times
16 Mon Sep 2024	88.54	78.45	91.87	78.00	3.374 times
13 Fri Sep 2024	77.08	66.21	79.45	66.16	3.774 times
12 Thu Sep 2024	66.21	65.25	66.62	65.25	0.038 times
11 Wed Sep 2024	65.24	66.79	66.79	64.75	0.032 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 80.5, but if it comes below 80.5, then a intra day sell could be more profitable.
If you take a sell trade below 80.5, then use 80.5 as stoploss and 71.85 as target. However if you take a buy trade in stock , then use 80.5 as stoploss and 90.9 as target.

Share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Target	53.55
Downside Target	58.66
Downside Target	60.12
Downside Target	61.65
Downside Target	63.27
Downside Target	68.74
Downside Target	72.40
Downside Target	75.41
Downside Target	79.45
Downside Target	81.01
Upside Target	86.25
Upside Target	91.87

Intraday share price targets for Biofil Chemicals (BIOFILCHEM)

Target Type	Value
Downside Intraday Target	79.74
Downside Intraday Target	77.76
Upside Intraday Target	84.98
Upside Intraday Target	88.24
Upside Intraday Target	83

Weekly technical analysis of Biofil Chemicals (BIOFILCHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	81.73	84.95	86.25	81.01	0.073 times
20 Fri Sep 2024	83.60	78.45	91.87	75.41	1.451 times
13 Fri Sep 2024	77.08	64.63	79.45	64.05	13.066 times
06 Fri Sep 2024	65.39	66.75	68.74	63.27	1.776 times
30 Fri Aug 2024	65.18	69.95	69.95	64.01	0.394 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
24 Tue Sep 2024	81.73	66.75	91.87	63.27	7.922 times
30 Fri Aug 2024	65.18	67.01	69.95	60.12	0.652 times
31 Wed Jul 2024	66.63	65.90	72.97	58.66	1.517 times
28 Fri Jun 2024	64.36	63.75	70.60	53.55	2.103 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above 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 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 82.28 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.