Last close · 16 Oct 2026
Rs 106.09 +0.40%
Technical analysis · updated after the close, 16 Oct 2026
Biafo Industries Limited (BIFO) technical analysis
BIFO closed at Rs 106.09 on 16 Oct 2026 (+0.40%). The daily picture is bearish: the price is below 5 of its 6 simple moving averages, MACD is above its signal line and RSI at 36.6 is weak but not oversold. The weekly trend is bearish, and the monthly chart is bearish. Nearest support is the daily pivot at 105.52, resistance R1 at 107.15.
Daily
Bearish
Weekly
Bearish
Monthly
Bearish
Oscillators
Bullish
3 bullish · 6 neutral · 1 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 36.56 | Neutral |
| Stochastic %K (14, 3, 3) | 36.37 | Neutral |
| Stochastic RSI (14, 3, 3) | 100.00 | Neutral |
| CCI (20) | -28.53 | Neutral |
| ADX (14) | 21.96 | Bearish |
| Williams %R (14) | -55.92 | Neutral |
| MACD (12, 26, 9) | -3.60 | Bullish |
| Momentum (10) | -0.50 | Bullish |
| Ultimate Oscillator (7, 14, 28) | 46.24 | Neutral |
| Bull Bear Power (13) | 1.03 | Bullish |
Moving averages
Strongly bearish
2 bullish · 0 neutral · 10 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 104.62 | Bullish | 105.76 | Bullish |
| MA 20 | 107.75 | Bearish | 108.15 | Bearish |
| MA 30 | 110.91 | Bearish | 110.74 | Bearish |
| MA 50 | 117.45 | Bearish | 114.70 | Bearish |
| MA 100 | 124.06 | Bearish | 120.57 | Bearish |
| MA 200 | 129.49 | Bearish | 129.95 | Bearish |
Support & resistance
Daily pivots- R3 110.27
- R2 108.64
- R1 107.15
- Pivot 105.52
- S1 104.03
- S2 102.40
- S3 100.91
- Close 106.09
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 110.27 | 108.64 | 106.53 |
| R2 | 108.64 | 107.44 | 106.24 |
| R1 | 107.15 | 106.71 | 105.96 |
| Pivot | 105.52 | 105.52 | 105.52 |
| S1 | 104.03 | 104.32 | 105.38 |
| S2 | 102.40 | 103.59 | 105.10 |
| S3 | 100.91 | 102.40 | 104.81 |
Range & volatility
52-week range
79.10196.50
- ATR (14)
- 3.853.6% of price
- Bollinger Bands (20, 2)
- 100.33 – 115.18
- From the 52-week high
- -46.0%
- Bars analysed
- 5,365
How these readings work
Computed after each close from BIFO's daily prices; weekly and monthly bars are built from them, and days without trading are left out. Each oscillator and moving average gives a bullish, neutral or bearish reading, and the summary weighs them: strongly bullish when clearly more readings are bullish, strongly bearish when clearly more are bearish. Pivot levels come from the previous completed bar. Readings describe the chart; they are not a recommendation. For information purposes only, not investment advice.
History before 1 Jan 2001 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).
Pattern signals for BIFO → BIFO overview and price history →