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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 2024-05-17 View latest technical analysis

10 day averaged volume of Nifty 50 is 2147483647

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 22466.10 22415.25 22502.15 22345.65 1 times
16 Thu May 2024 22403.85 22319.20 22432.25 22054.55 1 times
15 Wed May 2024 22200.55 22255.60 22297.55 22151.75 1 times
14 Tue May 2024 22217.85 22112.90 22270.05 22081.25 1 times
13 Mon May 2024 22104.05 22027.95 22131.65 21821.05 1 times
10 Fri May 2024 22055.20 21990.95 22131.30 21950.30 1 times
09 Thu May 2024 21957.50 22224.80 22307.75 21932.40 1 times
08 Wed May 2024 22302.50 22231.20 22368.65 22185.20 1 times
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

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 22543.7 as stoploss in an intra day sell trade for a target of 22353.46. However, stock will show a bullish move above 22543.7.

Share price targets for Nifty 50 (NIFTY_50)

Target Type Value
Downside Target 21137.20
Downside Target 22348.05
Downside Target 22427.45
Upside Target 22502.15
Upside Target 22526.60
Upside Target 22588.80
Upside Target 22625.95
Upside Target 22783.35
Upside Target 22794.70

Intraday share price targets for Nifty 50 (NIFTY_50)

Target Type Value
Downside Intraday Target 22024.05
Downside Intraday Target 21582
Upside Intraday Target 22705.15
Upside Intraday Target 22944.2
Downside Intraday Target 22263.1

Weekly technical analysis of Nifty 50 (NIFTY_50)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 22466.10 22027.95 22502.15 21821.05 1 times
10 Fri May 2024 22055.20 22561.60 22588.80 21932.40 1.25 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

Price has moved up 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
17 Fri May 2024 22466.10 22567.85 22794.70 21821.05 0.6 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 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Nifty 50 in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Nifty 50 in short term and BUY 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 22245.28 and Nifty 50 (NIFTY_50) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

Price action analysis of Nifty 50 ( (NIFTY_50) ) based on a short 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Nifty 50 in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Nifty 50 in short term and BUY 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 22245.28 and Nifty 50 (NIFTY_50) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

Click here for Nifty 50 charts

Click here for further forecast and predictions for tomorrow

Daily charts

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