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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 2024-03-02 View latest technical analysis

10 day averaged volume of Nifty 50 is 2147483647

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	22378.40	22406.95	22419.55	22367.05	0.327 times
01 Fri Mar 2024	22338.75	22048.30	22353.30	22047.75	1 times
29 Thu Feb 2024	21982.80	21935.20	22060.55	21860.65	1 times
28 Wed Feb 2024	21951.15	22214.10	22229.15	21915.85	1 times
27 Tue Feb 2024	22198.35	22090.20	22218.25	22085.65	1 times
26 Mon Feb 2024	22122.05	22169.20	22202.15	22075.15	1 times
23 Fri Feb 2024	22212.70	22290.00	22297.50	22186.10	1 times
22 Thu Feb 2024	22217.45	22081.55	22252.50	21875.25	1 times
21 Wed Feb 2024	22055.05	22248.85	22249.40	21997.95	1 times
20 Tue Feb 2024	22196.95	22099.20	22215.60	22045.85	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 22466.6, for a target of 22219.9 or 22014.35

Share price targets for Nifty 50 (NIFTY_50)

Target Type	Value
Downside Target	18973.70
Downside Target	20158.70
Downside Target	21137.20
Downside Target	22053.30
Downside Target	22068.65
Downside Target	22124.15
Downside Target	22126.80
Downside Target	22297.50
Upside Target	22419.55

Intraday share price targets for Nifty 50 (NIFTY_50)

Target Type	Value
Downside Intraday Target	22019.52
Downside Intraday Target	21660.63
Upside Intraday Target	22578.42
Upside Intraday Target	22778.43
Downside Intraday Target	22219.53

Weekly technical analysis of Nifty 50 (NIFTY_50)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	22378.40	22169.20	22419.55	21860.65	1.065 times
23 Fri Feb 2024	22212.70	22103.45	22297.50	21875.25	1 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

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 Sat Mar 2024	22378.40	22048.30	22419.55	22047.75	0.063 times
29 Thu Feb 2024	21982.80	21780.65	22297.50	21530.20	0.955 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

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 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 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 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 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 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 22149.99 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.