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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 2024-05-07 View latest technical analysis

10 day averaged volume of Nifty 50 is 2147483647

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	22302.50	22489.75	22499.05	22232.05	1 times
06 Mon May 2024	22442.70	22561.60	22588.80	22409.45	1 times
03 Fri May 2024	22475.85	22766.35	22794.70	22348.05	1 times
02 Thu May 2024	22648.20	22567.85	22710.50	22567.85	1 times
30 Tue Apr 2024	22604.85	22679.65	22783.35	22568.40	1 times
29 Mon Apr 2024	22643.40	22475.55	22655.80	22441.90	1 times
26 Fri Apr 2024	22419.95	22620.40	22620.40	22385.55	1 times
25 Thu Apr 2024	22570.35	22316.90	22625.95	22305.25	1 times
24 Wed Apr 2024	22402.40	22421.55	22476.45	22384.00	1 times
23 Tue Apr 2024	22368.00	22447.05	22447.55	22349.45	1 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 22248 as stoploss in an intra day buy trade for a target of 22443.69. However, stock will show a bearish move below 22248.

Share price targets for Nifty 50 (NIFTY_50)

Target Type	Value
Downside Target	21137.20
Upside Target	22427.45
Upside Target	22503.75
Upside Target	22526.60
Upside Target	22588.80
Upside Target	22625.95
Upside Target	22775.70
Upside Target	22783.35
Upside Target	22794.70

Intraday share price targets for Nifty 50 (NIFTY_50)

Target Type	Value
Downside Intraday Target	22160.1
Downside Intraday Target	22017.7
Upside Intraday Target	22516.85
Upside Intraday Target	22731.2
Upside Intraday Target	22374.45

Weekly technical analysis of Nifty 50 (NIFTY_50)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	22302.50	22561.60	22588.80	22232.05	0.5 times
03 Fri May 2024	22475.85	22475.55	22794.70	22348.05	0.8 times
26 Fri Apr 2024	22419.95	22336.90	22625.95	22198.15	1.25 times
19 Fri Apr 2024	22147.00	22339.05	22427.45	21777.65	1 times
12 Fri Apr 2024	22519.40	22578.35	22775.70	22503.75	0.8 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
07 Tue May 2024	22302.50	22567.85	22794.70	22232.05	0.2 times
30 Tue Apr 2024	22604.85	22455.00	22783.35	21777.65	1.091 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

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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 22487.82 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.