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(Nifitetf) Nifitetf complete technical analysis [charts+indicators] | Buy/Sell Nifitetf | (Nifitetf) share price targets

Complete technical analysis of Nifitetf (Nifitetf) by charts plus indicators, forecast predictions and share price targets for Nifitetf (Nifitetf)

10 day averaged volume of Nifitetf is 1091

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 333.38 337.00 337.00 333.07 0.131 times
07 Tue May 2024 334.79 332.99 336.50 329.52 0.764 times
06 Mon May 2024 332.99 334.20 334.20 331.72 0.128 times
03 Fri May 2024 329.84 333.90 334.39 327.99 1.231 times
02 Thu May 2024 333.15 338.00 338.00 330.67 6.264 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 332.1 as stoploss in an intra day buy trade for a target of 340.73. However, stock will show a bearish move below 332.1.

Share price targets for Nifitetf (Nifitetf)

Target Type Value
Downside Target 327.99
Upside Target 346.69
Upside Target 349.03
Upside Target 352.04
Upside Target 355.00
Upside Target 358.00
Upside Target 375.34
Upside Target 392.00

Intraday share price targets for Nifitetf (Nifitetf)

Target Type Value
Downside Intraday Target 329.6
Downside Intraday Target 325.82
Upside Intraday Target 337.08
Upside Intraday Target 340.78
Downside Intraday Target 333.3

Weekly technical analysis of Nifitetf (Nifitetf)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 333.38 334.20 337.00 329.52 0.125 times
03 Fri May 2024 329.84 337.21 338.00 327.99 10.718 times
26 Fri Apr 2024 338.76 335.00 358.00 333.17 0.253 times
19 Fri Apr 2024 334.75 350.00 352.04 330.00 1.707 times
12 Fri Apr 2024 351.80 356.90 358.00 349.03 2.916 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 Nifitetf (Nifitetf)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 333.38 338.00 338.00 327.99 1.234 times
30 Tue Apr 2024 333.64 355.67 358.00 330.00 6.562 times
28 Thu Mar 2024 351.98 375.10 375.34 346.69 0.363 times
26 Mon Feb 2024 375.68 365.10 392.00 355.00 0 times

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 Nifitetf (Nifitetf)

Indicator Name Indicator Value Indicator Signal
ADX 20, 20, 2 Sell
MACD -15, -16Buy
Stochastics 19Sell
CCI -33Buy
RSI 45Sell
OBV -12378Sell
VWAP 333Buy
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Nifitetf ( (Nifitetf) ) 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 Nifitetf ( (Nifitetf) ) based on a short 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 Nifitetf ( (Nifitetf) ) 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 Nifitetf ( (Nifitetf) ) 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 Nifitetf stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Nifitetf in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nifitetf Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Nifitetf in short term but BUY signal is weak.

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 Nifitetf is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 333.36 and Nifitetf (Nifitetf) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Nifitetf (Nifitetf) stock. Volume based technical analysis of Nifitetf (Nifitetf) stock is negative.

Nifitetf 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.

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