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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 2024-03-05 View latest technical analysis

10 day averaged volume of Nifty 50 is 2002903227

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	22356.30	22371.25	22416.90	22269.15	1.072 times
04 Mon Mar 2024	22405.60	22403.50	22440.90	22358.30	1.072 times
02 Sat Mar 2024	22378.40	22406.95	22419.55	22367.05	0.35 times
01 Fri Mar 2024	22338.75	22048.30	22353.30	22047.75	1.072 times
29 Thu Feb 2024	21982.80	21935.20	22060.55	21860.65	1.072 times
28 Wed Feb 2024	21951.15	22214.10	22229.15	21915.85	1.072 times
27 Tue Feb 2024	22198.35	22090.20	22218.25	22085.65	1.072 times
26 Mon Feb 2024	22122.05	22169.20	22202.15	22075.15	1.072 times
23 Fri Feb 2024	22212.70	22290.00	22297.50	22186.10	1.072 times
22 Thu Feb 2024	22217.45	22081.55	22252.50	21875.25	1.072 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 22289.7, but if it comes below 22289.7, then a intra day sell could be more profitable.
If you take a sell trade below 22289.7, then use 22289.7 as stoploss and 22059.45 as target. However if you take a buy trade in stock , then use 22289.7 as stoploss and 22566 as target.

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	22068.65
Downside Target	22124.15
Downside Target	22269.15
Downside Target	22297.50
Upside Target	22419.55
Upside Target	22440.90

Intraday share price targets for Nifty 50 (NIFTY_50)

Target Type	Value
Downside Intraday Target	22270
Downside Intraday Target	22183.7
Upside Intraday Target	22441.75
Upside Intraday Target	22527.2
Downside Intraday Target	22355.45

Weekly technical analysis of Nifty 50 (NIFTY_50)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	22356.30	22403.50	22440.90	22269.15	0.375 times
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

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
05 Tue Mar 2024	22356.30	22048.30	22440.90	22047.75	0.158 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 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 Weak and stock is losing 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 SELL signal for Nifty 50 in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 22204.66 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.