Is BIOFIL CHEMICALS & PHARMACEUTICALS in uptrend or downtrend?

In the short term price movements in BIOFILCHEM share indicates the market is Sideways with heavy bearish pressure.

What are BIOFIL CHEMICALS & PHARMACEUTICALS support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Biofil Chemicals and Pharmaceuticals Limited in the short-term, the supply zone around 33 and 30. Hence, good chances of resistance around 30. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Biofil Chemicals and Pharmaceuticals Limited share is around 29 and 30. Hence, good chances for support around 30.

Why is BIOFIL CHEMICALS & PHARMACEUTICALS share price falling today?

Latest analysis on BIOFILCHEM stock suggest, as per it's price structure, it is making lower highs and lower lows on intraday charts. This represents bearishness. That's why BIOFILCHEM stock is having a fall today.

BIOFIL CHEMICALS & PHARMACEUTICALS Share Price | Forecast Analysis

Q: What is BIOFIL CHEMICALS & PHARMACEUTICALS share price forecast for tomorrow?

In Biofil Chemicals and Pharmaceuticals Limited stock current resistance level is at 33 and support level is at 29. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

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