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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
₹254.55
₹12.10(4.99%)
Indian Market opens in 6h 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.NS Technical Analysis Summary (NSE)

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.38)
Trend Strength:Strong (ADX: 37.59)
Volatility:Medium (ATR: 5.96)
Support/Resistance:$231.64 – $290.27 (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): 46.38

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 5.48

Bullish
Oversold zone signals rebound potential.

Williams %R: -83.55

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -9.60

Strongly Bearish
Sharp downside momentum.

Takeaway:Bafna Pharmaceuticals Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 5.06

Bullish
Bullish, trend momentum is strengthening.

ADX: 37.59

Strong
Strong trend, momentum well established.

ATR (14): 5.96

High
High volatility, wide price fluctuations.

CCI (14): -108.35

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$290.27
Middle Band (SMA 20)
$260.96
Lower Band
$231.64
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$263.66
Middle Line (EMA 20)
$251.73
Lower Channel
$239.80
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume587.08K
Money Flow Index93.41Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index36.84Bearish, price momentum favors sellers.

Overall Takeaway:BAFNAPH.NS shows mixed signals in money flow analysis.

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

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Bearish Signals

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

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Bafna Pharmaceuticals Limited are mixed, suggesting a Hold or wait-and-see approach.

(NSE: BAFNAPH.NS) Technical Analysis FAQ