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(NIFTY_50) Nifty 50 complete technical analysis [charts+indicators] | Buy/Sell Nifty 50 | (NIFTY_50) share price targets

Complete technical analysis of Nifty 50 (NIFTY_50) by charts plus indicators, forecast predictions and share price targets for Nifty 50 (NIFTY_50)

Showing technical analysis as on 2024-04-16 View latest technical analysis

10 day averaged volume of Nifty 50 is 2147483647

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	22147.90	22125.30	22213.75	22079.45	1 times
15 Mon Apr 2024	22272.50	22339.05	22427.45	22259.55	1 times
12 Fri Apr 2024	22519.40	22677.40	22726.45	22503.75	1 times
10 Wed Apr 2024	22753.80	22720.25	22775.70	22673.70	1 times
09 Tue Apr 2024	22642.75	22765.10	22768.40	22612.25	1 times
08 Mon Apr 2024	22666.30	22578.35	22697.30	22550.35	1 times
05 Fri Apr 2024	22513.70	22486.40	22537.60	22427.60	1 times
04 Thu Apr 2024	22514.65	22592.10	22619.00	22303.80	1 times
03 Wed Apr 2024	22434.65	22385.70	22521.10	22346.50	1 times
02 Tue Apr 2024	22453.30	22458.80	22497.60	22388.15	1 times

My analysis of stock is bearish for shortterm, and stock might move down till 22009.4 or till 21679.7. Use a stoploss of 22284.03 and if the stock hits stoploss, then it can shoot up till 22558.71

Share price targets for Nifty 50 (NIFTY_50)

Target Type	Value
Downside Target	20183.70
Downside Target	21137.20
Upside Target	22297.50
Upside Target	22303.80
Upside Target	22427.45
Upside Target	22503.75
Upside Target	22516.00
Upside Target	22526.60
Upside Target	22619.00
Upside Target	22775.70

Intraday share price targets for Nifty 50 (NIFTY_50)

Target Type	Value
Downside Intraday Target	22009.08
Downside Intraday Target	21870.27
Upside Intraday Target	22357.08
Upside Intraday Target	22566.27
Upside Intraday Target	22218.27

Weekly technical analysis of Nifty 50 (NIFTY_50)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	22147.90	22339.05	22427.45	22079.45	0.5 times
12 Fri Apr 2024	22519.40	22578.35	22775.70	22503.75	0.8 times
05 Fri Apr 2024	22513.70	22455.00	22619.00	22303.80	1.667 times
28 Thu Mar 2024	22326.90	21947.90	22516.00	21947.55	0.6 times
22 Fri Mar 2024	22096.75	21990.10	22180.70	21710.20	1 times

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

Monthly technical analysis of Nifty 50 (NIFTY_50)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	22147.90	22455.00	22775.70	22079.45	0.6 times
28 Thu Mar 2024	22326.90	22048.30	22526.60	21710.20	0.873 times
29 Thu Feb 2024	21982.80	21780.65	22297.50	21530.20	0.955 times
31 Wed Jan 2024	21725.70	21727.75	22124.15	21137.20	1.1 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 50 (NIFTY_50)

Price action analysis of Nifty 50 ( (NIFTY_50) ) 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 50 ( (NIFTY_50) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Nifty 50 ( (NIFTY_50) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Nifty 50 ( (NIFTY_50) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Nifty 50 stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Nifty 50 in short term but the sell signal is initial and weak.

Nifty 50 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 coming down

CCI has generated a SELL signal for Nifty 50 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Nifty 50 is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22491.9 and Nifty 50 (NIFTY_50) 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 50 (NIFTY_50) stock. Volume based technical analysis of Nifty 50 (NIFTY_50) stock is negative.

Nifty 50 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.