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Bafna Pharmaceuticals Limited

BAFNAPH.NS Technical Analysis Summary (NSE)

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

BAFNAPH.NS●NSE
HealthcareMedical - Pharmaceuticals
₹442.95
₹9.00(1.99%)
Indian Market opens in 51h 2m

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.NS Technical Analysis Summary (NSE)

Bafna Pharmaceuticals Limited (NSE: BAFNAPH.NS) stock currently shows a bullish trend on the NSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 72.36)
Trend Strength:Very Strong (ADX: 63.72)
Volatility:Low (ATR: 8.73)
Support/Resistance:$331.07 – $490.89 (Bollinger Bands)

Technical conditions suggest Bafna Pharmaceuticals Limited on the NSE is awaiting a decisive move. Technical conditions suggest Bafna Pharmaceuticals Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 72.36

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 71.84

Bullish
Buying momentum building without extremes.

Williams %R: -39.51

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 16.95

Strongly Bullish
Strong upside momentum.

Takeaway:Bafna Pharmaceuticals Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 36.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 63.72

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 8.73

Rising
Rising volatility, market activity increasing.

CCI (14): 29.10

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$490.89
Middle Band (SMA 20)
$410.98
Lower Band
$331.07
Current Position
Within Bands

Takeaway:Bafna Pharmaceuticals Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$431.39
Middle Line (EMA 20)
$413.94
Lower Channel
$396.48
Squeeze Status
No Squeeze

Takeaway:Bafna Pharmaceuticals Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume803.38K
Money Flow Index56.81Neutral, balanced money flows with no clear signal.
Relative Vigor Index66.94Bullish, price momentum strongly favors buyers.

Overall Takeaway:BAFNAPH.NS shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Bafna Pharmaceuticals Limited (NSE: BAFNAPH.NS), 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.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

No significant bearish signals detected.

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

(NSE: BAFNAPH.NS) Technical Analysis FAQ