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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 2024-05-28 View latest technical analysis

10 day averaged volume of Nifty 50 is 2009102565

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	22888.15	22977.15	22998.55	22858.50	1.069 times
27 Mon May 2024	22932.45	23038.95	23110.80	22871.20	1.069 times
24 Fri May 2024	22957.10	22930.75	23026.40	22908.00	1.069 times
23 Thu May 2024	22967.65	22614.10	22993.60	22577.45	1.069 times
22 Wed May 2024	22597.80	22576.60	22629.50	22483.15	1.069 times
21 Tue May 2024	22529.05	22404.55	22591.10	22404.55	1.069 times
18 Sat May 2024	22502.00	22512.85	22520.25	22470.05	0.38 times
17 Fri May 2024	22466.10	22415.25	22502.15	22345.65	1.069 times
16 Thu May 2024	22403.85	22319.20	22432.25	22054.55	1.069 times
15 Wed May 2024	22200.55	22255.60	22297.55	22151.75	1.069 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 22770.1, but if it comes below 22770.1, then a intra day sell could be more profitable.
If you take a sell trade below 22770.1, then use 22770.1 as stoploss and 22477.8 as target. However if you take a buy trade in stock , then use 22770.1 as stoploss and 23121 as target.

Share price targets for Nifty 50 (NIFTY_50)

Target Type	Value
Downside Target	21137.20
Downside Target	22520.25
Downside Target	22526.60
Downside Target	22588.80
Downside Target	22783.35
Downside Target	22794.70
Downside Target	22858.50
Upside Target	23026.40
Upside Target	23110.80

Intraday share price targets for Nifty 50 (NIFTY_50)

Target Type	Value
Downside Intraday Target	22794.17
Downside Intraday Target	22700.18
Upside Intraday Target	23046.47
Upside Intraday Target	23204.78
Upside Intraday Target	22952.48

Weekly technical analysis of Nifty 50 (NIFTY_50)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	22888.15	23038.95	23110.80	22858.50	0.5 times
24 Fri May 2024	22957.10	22404.55	23026.40	22404.55	0.747 times
18 Sat May 2024	22502.00	22027.95	22520.25	21821.05	1.071 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

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
28 Tue May 2024	22888.15	22567.85	23110.80	21821.05	0.918 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 up 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 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 BUY. Signal strength is Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Nifty 50 in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 22654.28 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 rising upwards.

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 is giving positive 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.