Nifty 50 (NIFTY.NDX)

Close: 23 519.00 (-72.60), Mar 28, 2025
Hold

Liquidity risk: Volatility risk:

Overall analysis

Nifty 50 is technically neutral for the short term, negative for the medium term, and positive for the long term.

Recommendation one to six months: Hold

Short term

Nifty 50 has broken the ceiling of the falling trend in the short term, which indicates a slower initial falling rate. The index has support at points 22830 and resistance at points 23730. The short term momentum of the index is strongly positive, with RSI above 70. This indicates increasing optimism among investors and further price increase for Nifty 50. However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. The index is overall assessed as technically neutral for the short term.

Recommendation one to six weeks: Hold

Medium term

Nifty 50 has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. The price has reacted back after a false break of the head and shoulders formation. A significant penetration of 22779 will again give new negative signals to the index, while a break of the opposite side of the formation will be a strong positive signal. The index has support at points 22000 and resistance at points 25000. The index is overall assessed as technically negative for the medium long term.

Recommendation one to six months: Negative

Long term

Nifty 50 is in a rising trend channel in the long term. This signals increasing optimism among investors and indicates continued rise. The price has reacted back after a false break of the head and shoulders formation. A significant penetration of 22779 will again give new negative signals to the index, while a break of the opposite side of the formation will be a strong positive signal. The index has support at points 18600 and resistance at points 26200. RSI diverges negatively against the price, which indicates danger of a reaction downwards. The index is overall assessed as technically slightly positive for the long term.

Recommendation one to six quarters: Weak Positive



Period  
 Vol.bal. Volatility Liquidity +/- %
1 day-0.58%387.46-0.31%
5 days9.062.01%365.29+0.72%
22 days8.445.30%337.37+4.28%
66 days8.7210.77%290.61-0.29%
 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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