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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 2024-11-07 View latest technical analysis

10 day averaged volume of Nifty 50 is 2033428499

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	24199.35	24489.60	24503.35	24179.05	1.056 times
06 Wed Nov 2024	24484.05	24308.75	24537.60	24204.05	1.056 times
05 Tue Nov 2024	24213.30	23916.50	24229.05	23842.75	1.056 times
04 Mon Nov 2024	23995.35	24315.75	24316.75	23816.15	1.056 times
01 Fri Nov 2024	24304.35	24302.75	24368.25	24280.20	0.495 times
31 Thu Oct 2024	24205.35	24349.85	24372.45	24172.60	1.056 times
30 Wed Oct 2024	24340.85	24371.45	24498.20	24307.30	1.056 times
29 Tue Oct 2024	24466.85	24328.85	24484.50	24140.85	1.056 times
28 Mon Oct 2024	24339.15	24251.10	24492.60	24134.90	1.056 times
25 Fri Oct 2024	24180.80	24418.05	24440.25	24073.90	1.056 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 24201.8, but if it comes above 24201.8, then a intra day buy could be more profitable.
If you take a sell trade below 24201.8, then use 24201.8 as stoploss and 23811.4 as target. However if you take a buy trade in stock , then use 24201.8 as stoploss and 24527.11 as target.

Share price targets for Nifty 50 (NIFTY_50)

Target Type	Value
Downside Target	23816.15
Upside Target	24694.35
Upside Target	24753.15
Upside Target	24978.30
Upside Target	24999.75
Upside Target	25212.05
Upside Target	25234.05
Upside Target	25268.35
Upside Target	25907.60
Upside Target	26277.35

Intraday share price targets for Nifty 50 (NIFTY_50)

Target Type	Value
Downside Intraday Target	23831.13
Downside Intraday Target	23462.92
Upside Intraday Target	24552.58
Upside Intraday Target	24905.82
Downside Intraday Target	24184.37

Weekly technical analysis of Nifty 50 (NIFTY_50)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	24199.35	24315.75	24537.60	23816.15	0.895 times
01 Fri Nov 2024	24304.35	24251.10	24498.20	24134.90	0.894 times
25 Fri Oct 2024	24180.80	24956.15	24978.30	24073.90	1 times
18 Fri Oct 2024	24854.05	25023.45	25212.05	24567.65	1 times
11 Fri Oct 2024	24964.25	25084.10	25234.05	24694.35	1.25 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
07 Thu Nov 2024	24199.35	24302.75	24537.60	23816.15	0.203 times
31 Thu Oct 2024	24205.35	25788.45	25907.60	24073.90	1.048 times
30 Mon Sep 2024	25810.85	25333.60	26277.35	24753.15	1 times
30 Fri Aug 2024	25235.90	25030.95	25268.35	23893.70	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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Nifty 50 ( (NIFTY_50) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Nifty 50 ( (NIFTY_50) ) based on a short to mid 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 mid to longer 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.

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 and the sell signal is strong.

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 below the red 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 SELL signal in short term and selling is picking up 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 24271.18 and Nifty 50 (NIFTY_50) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.