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

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

10 day averaged volume of Nifty Bank is 0

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 48048.20 47927.10 48259.75 47927.10 NAN times
20 Mon May 2024 48199.50 48197.30 48222.35 48108.15 NAN times
17 Fri May 2024 48115.65 47842.95 48188.65 47758.80 NAN times
16 Thu May 2024 47977.05 47945.85 48052.90 47340.35 NAN times
15 Wed May 2024 47687.45 47923.10 47957.20 47534.50 NAN times

My analysis of stock is bearish for shortterm, and stock might move down till 47695 or till 46993.9. Use a stoploss of 48279.15 and if the stock hits stoploss, then it can shoot up till 48863.34

Share price targets for Nifty Bank (NIFTY_BANK)

Target Type Value
Downside Target 44429.00
Downside Target 45828.80
Upside Target 48188.65
Upside Target 48259.75
Upside Target 48342.70
Upside Target 48450.00
Upside Target 48679.65
Upside Target 49252.65
Upside Target 49607.75
Upside Target 49974.75

Intraday share price targets for Nifty Bank (NIFTY_BANK)

Target Type Value
Downside Intraday Target 47896.95
Downside Intraday Target 47745.7
Upside Intraday Target 48229.6
Upside Intraday Target 48411
Upside Intraday Target 48078.35

Weekly technical analysis of Nifty Bank (NIFTY_BANK)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 48048.20 48197.30 48259.75 47927.10 0 times
17 Fri May 2024 48115.65 47389.80 48188.65 46983.25 0 times
10 Fri May 2024 47421.10 49174.55 49252.65 47313.35 0 times
03 Fri May 2024 48923.55 48359.90 49974.75 48342.70 0 times
26 Fri Apr 2024 48201.05 48145.70 48679.65 47628.45 0 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 Bank (NIFTY_BANK)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 48048.20 49262.00 49607.75 46983.25 0 times
30 Tue Apr 2024 49396.75 47391.05 49974.75 46579.05 0 times
28 Thu Mar 2024 47124.60 46218.00 48161.25 45828.80 0 times
29 Thu Feb 2024 46120.90 46164.90 47363.40 44633.85 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 Nifty Bank (NIFTY_BANK)

Indicator Name Indicator Value Indicator Signal
ADX 14, 28, 34 Sell
MACD 159, 219Sell
Stochastics 64None
CCI 84Sell
RSI 53Buy
OBV 0Sell
VWAP NANSell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Nifty Bank ( (NIFTY_BANK) ) 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 Bank ( (NIFTY_BANK) ) 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 Bank ( (NIFTY_BANK) ) 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 Nifty Bank ( (NIFTY_BANK) ) 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 Bank stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Nifty Bank in short term but the sell signal is initial and weak.

Nifty Bank Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 SELL signal for Nifty Bank in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 Nifty Bank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is NAN and Nifty Bank (NIFTY_BANK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Nifty Bank 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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