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(NIFTYBEES) Nifty Bmark complete technical analysis [charts+indicators] | Buy/Sell Nifty Bmark | (NIFTYBEES) share price targets

Complete technical analysis of Nifty Bmark (NIFTYBEES) by charts plus indicators, forecast predictions and share price targets for Nifty Bmark (NIFTYBEES)

10 day averaged volume of Nifty Bmark is 3827617

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri May 2024	244.97	244.01	245.67	243.08	1.206 times
09 Thu May 2024	243.49	247.87	247.87	243.20	1.896 times
08 Wed May 2024	247.24	249.89	249.89	245.12	0.964 times
07 Tue May 2024	247.11	253.89	253.89	245.25	1.08 times
06 Mon May 2024	248.37	250.99	250.99	248.00	0.803 times
03 Fri May 2024	248.75	252.57	252.58	247.66	1.39 times
02 Thu May 2024	250.84	250.99	251.30	249.05	0.577 times
30 Tue Apr 2024	250.06	252.99	252.99	247.01	1.103 times
29 Mon Apr 2024	250.59	246.30	251.40	246.30	0.65 times
26 Fri Apr 2024	248.44	248.58	250.88	248.05	0.775 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 245.6, but if it comes above 245.6, then a intra day buy could be more profitable.
If you take a sell trade below 245.6, then use 245.6 as stoploss and 242.9 as target. However if you take a buy trade in stock , then use 245.6 as stoploss and 247.76 as target.

Share price targets for Nifty Bmark (NIFTYBEES)

Target Type	Value
Downside Target	233.30
Downside Target	240.54
Upside Target	249.25
Upside Target	250.88
Upside Target	251.10
Upside Target	252.90
Upside Target	252.99
Upside Target	253.89
Upside Target	254.69

Intraday share price targets for Nifty Bmark (NIFTYBEES)

Target Type	Value
Downside Intraday Target	240.74
Downside Intraday Target	236.5
Upside Intraday Target	251.55
Upside Intraday Target	258.12
Upside Intraday Target	247.31

Weekly technical analysis of Nifty Bmark (NIFTYBEES)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri May 2024	244.97	250.99	253.89	243.08	1.599 times
03 Fri May 2024	248.75	246.30	252.99	246.30	0.958 times
26 Fri Apr 2024	248.44	246.09	250.88	245.68	0.678 times
19 Fri Apr 2024	245.53	249.48	252.90	241.31	1.726 times
12 Fri Apr 2024	249.56	250.47	254.69	246.20	0.698 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Nifty Bmark (NIFTYBEES)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Fri May 2024	244.97	250.99	253.89	243.08	0.407 times
30 Tue Apr 2024	250.06	254.35	254.69	241.31	1.193 times
28 Thu Mar 2024	246.96	244.58	251.10	240.54	1.071 times
29 Thu Feb 2024	243.25	241.99	249.25	234.75	0.842 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Nifty Bmark (NIFTYBEES)

Price action analysis of Nifty Bmark ( (NIFTYBEES) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nifty Bmark ( (NIFTYBEES) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Nifty Bmark ( (NIFTYBEES) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Nifty Bmark stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Nifty Bmark in short term but the sell signal is initial and weak.

Nifty Bmark Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Nifty Bmark in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nifty Bmark is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 247.37 and Nifty Bmark (NIFTYBEES) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Nifty Bmark (NIFTYBEES) stock. Volume based technical analysis of Nifty Bmark (NIFTYBEES) stock is negative.

Nifty Bmark Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.