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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 2024-07-02 View latest technical analysis

10 day averaged volume of Nifty 50 is 2147483647

Date Daily Closing Price Open High Low Volume
02 Tue Jul 2024 24123.85 24228.75 24236.35 24056.40 1 times
01 Mon Jul 2024 24141.95 23992.95 24164.00 23992.70 1 times
28 Fri Jun 2024 24010.60 24085.90 24174.00 23985.80 1 times
27 Thu Jun 2024 24044.50 23881.55 24087.45 23805.40 1 times
26 Wed Jun 2024 23868.80 23723.10 23889.90 23670.45 1 times
25 Tue Jun 2024 23721.30 23577.10 23754.15 23562.05 1 times
24 Mon Jun 2024 23537.85 23382.30 23558.10 23350.00 1 times
21 Fri Jun 2024 23501.10 23661.15 23667.10 23398.20 1 times
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

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 23972.2, but if it comes below 23972.2, then a intra day sell could be more profitable.
If you take a sell trade below 23972.2, then use 23972.2 as stoploss and 23445.94 as target. However if you take a buy trade in stock , then use 23972.2 as stoploss and 24603.7 as target.

Share price targets for Nifty 50 (NIFTY_50)

Target Type Value
Downside Target 21281.45
Downside Target 21710.20
Downside Target 22526.60
Downside Target 23490.40
Downside Target 23667.10
Downside Target 23992.70
Upside Target 24174.00
Upside Target 24236.35

Intraday share price targets for Nifty 50 (NIFTY_50)

Target Type Value
Downside Intraday Target 23998.92
Downside Intraday Target 23873.98
Upside Intraday Target 24242.57
Upside Intraday Target 24361.28
Downside Intraday Target 24117.63

Weekly technical analysis of Nifty 50 (NIFTY_50)

Date Weekly Closing Price Open High Low Volume
02 Tue Jul 2024 24123.85 23992.95 24236.35 23992.70 0.4 times
28 Fri Jun 2024 24010.60 23382.30 24174.00 23350.00 1.25 times
21 Fri Jun 2024 23501.10 23570.80 23667.10 23398.20 0.8 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

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
02 Tue Jul 2024 24123.85 23992.95 24236.35 23992.70 0.105 times
28 Fri Jun 2024 24010.60 23337.90 24174.00 21281.45 0.89 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

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 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 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 coming down

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 but selling is losing 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 23803.3 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.

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 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 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 coming down

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 but selling is losing 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 23803.3 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.

Click here for Nifty 50 charts

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart
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