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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 2024-06-05 View latest technical analysis

10 day averaged volume of Nifty 50 is 2147483647

Date Daily Closing Price Open High Low Volume
05 Wed Jun 2024 22620.35 22128.35 22670.40 21791.95 1 times
04 Tue Jun 2024 21884.50 23179.50 23179.50 21281.45 1 times
03 Mon Jun 2024 23263.90 23337.90 23338.70 23062.30 1 times
31 Fri May 2024 22530.70 22568.10 22653.75 22465.10 1 times
30 Thu May 2024 22488.65 22617.45 22705.75 22417.00 1 times
29 Wed May 2024 22704.70 22762.75 22825.50 22685.45 1 times
28 Tue May 2024 22888.15 22977.15 22998.55 22858.50 1 times
27 Mon May 2024 22932.45 23038.95 23110.80 22871.20 1 times
24 Fri May 2024 22957.10 22930.75 23026.40 22908.00 1 times
23 Thu May 2024 22967.65 22614.10 22993.60 22577.45 1 times

My analysis of stock is bullish for shortterm, and stock might move up till 22875.6 or till 23309.9. Use a stoploss of 22513.61 and if this stock hits its stoploss, then it can fall down till 22151.64

Share price targets for Nifty 50 (NIFTY_50)

Target Type Value
Downside Target 21281.45
Downside Target 22520.25
Downside Target 22526.60
Downside Target 22588.80
Upside Target 22783.35
Upside Target 23026.40
Upside Target 23110.80
Upside Target 23338.70

Intraday share price targets for Nifty 50 (NIFTY_50)

Target Type Value
Downside Intraday Target 21488.3
Downside Intraday Target 20356.25
Upside Intraday Target 23545.55
Upside Intraday Target 24470.75
Downside Intraday Target 22413.5

Weekly technical analysis of Nifty 50 (NIFTY_50)

Date Weekly Closing Price Open High Low Volume
05 Wed Jun 2024 22620.35 23337.90 23338.70 21281.45 0.6 times
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

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
05 Wed Jun 2024 22620.35 23337.90 23338.70 21281.45 0.14 times
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

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 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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. 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 but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 22723.82 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.

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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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. 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 but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 22723.82 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.

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Daily charts

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