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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 2024-06-20 View latest technical analysis

10 day averaged volume of Nifty 50 is 2147483647

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	23567.00	23586.15	23624.00	23442.60	1 times
19 Wed Jun 2024	23516.00	23629.85	23664.00	23412.90	1 times
18 Tue Jun 2024	23557.90	23570.80	23579.05	23499.70	1 times
14 Fri Jun 2024	23465.60	23464.95	23490.40	23334.25	1 times
13 Thu Jun 2024	23398.90	23480.95	23481.05	23353.90	1 times
12 Wed Jun 2024	23322.95	23344.45	23441.95	23295.95	1 times
11 Tue Jun 2024	23264.85	23283.75	23389.45	23206.65	1 times
10 Mon Jun 2024	23259.20	23319.15	23411.90	23227.15	1 times
07 Fri Jun 2024	23290.15	22821.85	23320.20	22789.05	1 times
06 Thu Jun 2024	22821.40	22798.60	22910.15	22642.60	1 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 23462.6, but if it comes below 23462.6, then a intra day sell could be more profitable.
If you take a sell trade below 23462.6, then use 23462.6 as stoploss and 23035.11 as target. However if you take a buy trade in stock , then use 23462.6 as stoploss and 23975.6 as target.

Share price targets for Nifty 50 (NIFTY_50)

Target Type	Value
Downside Target	21281.45
Downside Target	22297.50
Downside Target	23026.40
Downside Target	23110.80
Downside Target	23206.65
Downside Target	23338.70
Downside Target	23412.90
Downside Target	23490.40
Upside Target	23664.00

Intraday share price targets for Nifty 50 (NIFTY_50)

Target Type	Value
Downside Intraday Target	23431.93
Downside Intraday Target	23296.87
Upside Intraday Target	23683.03
Upside Intraday Target	23799.07
Downside Intraday Target	23547.97

Weekly technical analysis of Nifty 50 (NIFTY_50)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	23567.00	23570.80	23664.00	23412.90	0.6 times
14 Fri Jun 2024	23465.60	23319.15	23490.40	23206.65	1 times
07 Fri Jun 2024	23290.15	23337.90	23338.70	21281.45	1 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

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
20 Thu Jun 2024	23567.00	23337.90	23664.00	21281.45	0.609 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 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 SELL. Signal strength is Weak and stock is gaining 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 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

Stock of Nifty 50 is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 23346.4 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.