Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-31 View latest technical analysis

10 day averaged volume of Nifty 50 is 2009102565

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	22530.70	22568.10	22653.75	22465.10	1.069 times
30 Thu May 2024	22488.65	22617.45	22705.75	22417.00	1.069 times
29 Wed May 2024	22704.70	22762.75	22825.50	22685.45	1.069 times
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

My analysis of stock is bullish for shortterm, and stock might move up till 22770.7 or till 23122.4. Use a stoploss of 22477.55 and if this stock hits its stoploss, then it can fall down till 22184.42

Share price targets for Nifty 50 (NIFTY_50)

Target Type	Value
Downside Target	21137.20
Downside Target	22417.00
Downside Target	22520.25
Downside Target	22526.60
Upside Target	22588.80
Upside Target	22783.35
Upside Target	22794.70
Upside Target	23026.40
Upside Target	23110.80

Intraday share price targets for Nifty 50 (NIFTY_50)

Target Type	Value
Downside Intraday Target	22261.53
Downside Intraday Target	21992.37
Upside Intraday Target	22955.33
Upside Intraday Target	23379.97
Upside Intraday Target	22686.17

Weekly technical analysis of Nifty 50 (NIFTY_50)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	22530.70	23038.95	23110.80	22417.00	1.25 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
31 Fri May 2024	22530.70	22567.85	23110.80	21821.05	1.068 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 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 Weak 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 moving up

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

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

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 22724.14 and Nifty 50 (NIFTY_50) stock is trading below this level. This means that stock is falling with high volumes. 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.