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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 2024-02-20 View latest technical analysis

10 day averaged volume of Nifty 50 is 2147483647

Date Daily Closing Price Open High Low Volume
20 Tue Feb 2024 22196.95 22099.20 22215.60 22045.85 1 times
19 Mon Feb 2024 22122.25 22103.45 22186.65 22021.05 1 times
16 Fri Feb 2024 22040.70 22020.30 22068.65 21968.95 1 times
15 Thu Feb 2024 21910.75 21906.55 21953.85 21794.80 1 times
14 Wed Feb 2024 21840.05 21578.15 21870.85 21530.20 1 times
13 Tue Feb 2024 21743.25 21664.30 21766.80 21543.35 1 times
12 Mon Feb 2024 21616.05 21800.80 21831.70 21574.75 1 times
09 Fri Feb 2024 21782.50 21727.00 21804.45 21629.90 1 times
08 Thu Feb 2024 21717.95 22009.65 22011.05 21665.30 1 times
07 Wed Feb 2024 21930.50 22045.05 22053.30 21860.15 1 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 22278.3, for a target of 21995.2 or 21759.2

Share price targets for Nifty 50 (NIFTY_50)

Target Type Value
Downside Target 18837.85
Downside Target 19849.75
Downside Target 21137.20
Downside Target 21801.45
Downside Target 22021.05
Downside Target 22053.30
Downside Target 22068.65
Downside Target 22124.15
Downside Target 22126.80
Upside Target 22215.60

Intraday share price targets for Nifty 50 (NIFTY_50)

Target Type Value
Downside Intraday Target 22073.47
Downside Intraday Target 21949.98
Upside Intraday Target 22268.02
Upside Intraday Target 22339.08
Downside Intraday Target 22144.53

Weekly technical analysis of Nifty 50 (NIFTY_50)

Date Weekly Closing Price Open High Low Volume
20 Tue Feb 2024 22196.95 22103.45 22215.60 22021.05 0.4 times
16 Fri Feb 2024 22040.70 21800.80 22068.65 21530.20 1 times
09 Fri Feb 2024 21782.50 21921.05 22053.30 21629.90 1 times
02 Fri Feb 2024 21853.80 21433.10 22126.80 21429.60 1.25 times
25 Thu Jan 2024 21352.60 21706.15 21750.25 21137.20 0.8 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 Tue Feb 2024 22196.95 21780.65 22215.60 21530.20 0.636 times
31 Wed Jan 2024 21725.70 21727.75 22124.15 21137.20 1.1 times
29 Fri Dec 2023 21731.40 20194.10 21801.45 20183.70 0.977 times
30 Thu Nov 2023 20133.15 19064.05 20158.70 18973.70 1.023 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 stronger in this stock.

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 21890.1 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 stronger in this stock.

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 21890.1 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

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