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Bafna Pharmaceuticals Ltd.

BAFNAPH.BO Technical Analysis Summary (BSE)

Analyze BAFNAPH.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

BAFNAPH.BO●BSE
HealthcareMedical - Pharmaceuticals
₹259.35
₹12.35(5.000%)
Indian Market opens in 5h 37m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BAFNAPH.BO Technical Analysis Summary (BSE)

Bafna Pharmaceuticals Ltd. (BSE: BAFNAPH.BO) stock currently shows a bullish trend on the BSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 55.23)
Trend Strength:Very Strong (ADX: 41.27)
Volatility:Medium (ATR: 6.60)
Support/Resistance:$238.68 – $293.85 (Bollinger Bands)

Technical conditions suggest Bafna Pharmaceuticals Ltd. on the BSE is awaiting a decisive move. This mix signals that Bafna Pharmaceuticals Ltd. is trading with strong momentum and healthy trend support.

Momentum Indicators

RSI (14): 55.23

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 17.95

Bullish
Oversold zone signals rebound potential.

Williams %R: -62.54

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -6.91

Strongly Bearish
Sharp downside momentum.

Takeaway:Bafna Pharmaceuticals Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 5.14

Bullish
Bullish, trend momentum is strengthening.

ADX: 41.27

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 6.60

High
High volatility, wide price fluctuations.

CCI (14): -42.67

Bearish
Bearish, momentum remains under pressure.

Takeaway:Bafna Pharmaceuticals Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$293.85
Middle Band (SMA 20)
$266.26
Lower Band
$238.68
Current Position
Within Bands

Takeaway:Bafna Pharmaceuticals Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$269.59
Middle Line (EMA 20)
$256.38
Lower Channel
$243.17
Squeeze Status
No Squeeze

Takeaway:Bafna Pharmaceuticals Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume48.91K
Money Flow Index18.29Bullish, oversold conditions signal rebound potential.
Relative Vigor Index46.36Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:BAFNAPH.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Bafna Pharmaceuticals Ltd. (BSE: BAFNAPH.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Bafna Pharmaceuticals Ltd. stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(BSE: BAFNAPH.BO) Technical Analysis FAQ