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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
₹317.20
₹6.20(1.99%)
Indian Market opens in 11h 10m

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 (RSI: 68.29)
Trend Strength:Strong (ADX: 32.60)
Volatility:Medium (ATR: 7.42)
Support/Resistance:$255.39 – $334.67 (Bollinger Bands)

Technical conditions suggest Bafna Pharmaceuticals Limited on the NSE is awaiting a decisive move. Overall, Bafna Pharmaceuticals Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 68.29

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 86.15

Bearish
Overbought levels may trigger pullback.

Williams %R: -4.73

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 8.97

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 14.22

Bullish
Bullish, trend momentum is strengthening.

ADX: 32.60

Strong
Strong trend, momentum well established.

ATR (14): 7.42

High
High volatility, wide price fluctuations.

CCI (14): 178.48

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Bafna Pharmaceuticals Limited shows overheated trend conditions, with risk of sharp pullback.

Support & Resistance indicators
Bollinger Bands
Upper Band
$334.67
Middle Band (SMA 20)
$295.03
Lower Band
$255.39
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$310.78
Middle Line (EMA 20)
$295.94
Lower Channel
$281.09
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 Volume917.80K
Money Flow Index77.70Bullish, inflows support continued momentum.
Relative Vigor Index60.66Bullish, 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

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

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