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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 2024-04-18 View latest technical analysis

10 day averaged volume of Nifty 50 is 2147483647

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	21995.85	22212.35	22326.50	21961.70	1 times
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

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 22006.6, but if it comes above 22006.6, then a intra day buy could be more profitable.
If you take a sell trade below 22006.6, then use 22006.6 as stoploss and 21675.4 as target. However if you take a buy trade in stock , then use 22006.6 as stoploss and 22282.65 as target.

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	21829.22
Downside Intraday Target	21662.58
Upside Intraday Target	22294.97
Upside Intraday Target	22594.08
Upside Intraday Target	22128.33

Weekly technical analysis of Nifty 50 (NIFTY_50)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	21995.85	22339.05	22427.45	21961.70	0.75 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
18 Thu Apr 2024	21995.85	22455.00	22775.70	21961.70	0.655 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 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22446.15 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 negative.

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