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

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

10 day averaged volume of Nifty Commodities is 0

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 9201.00 9195.80 9227.00 9144.20 NAN times
13 Thu Jun 2024 9168.15 9233.65 9233.70 9114.40 NAN times
12 Wed Jun 2024 9159.30 9142.65 9192.30 9129.60 NAN times
11 Tue Jun 2024 9106.10 9124.95 9161.55 9058.95 NAN times
10 Mon Jun 2024 9078.95 9073.45 9129.40 9020.90 NAN times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 9216.5 as stoploss in an intra day sell trade for a target of 9005.73. However, stock will show a bullish move above 9216.5.

Share price targets for Nifty Commodities (NIFTY_COMMODITIES)

Target Type Value
Downside Target 7870.50
Downside Target 8361.10
Downside Target 8793.10
Downside Target 8892.00
Downside Target 9020.90
Upside Target 9204.75
Upside Target 9209.60
Upside Target 9233.70
Upside Target 9390.65

Intraday share price targets for Nifty Commodities (NIFTY_COMMODITIES)

Target Type Value
Downside Intraday Target 9070.03
Downside Intraday Target 8939.07
Upside Intraday Target 9282.83
Upside Intraday Target 9364.67
Downside Intraday Target 9151.87

Weekly technical analysis of Nifty Commodities (NIFTY_COMMODITIES)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 9201.00 9073.45 9233.70 9020.90 0 times
07 Fri Jun 2024 9011.55 9348.55 9390.65 8073.25 0 times
31 Fri May 2024 8885.60 9194.70 9204.75 8793.10 0 times
24 Fri May 2024 9141.85 8896.00 9209.60 8874.15 0 times
17 Fri May 2024 8863.85 8540.90 8872.10 8361.10 0 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 Commodities (NIFTY_COMMODITIES)

Date Monthly Closing Price Open High Low Volume
14 Fri Jun 2024 9201.00 9348.55 9390.65 8073.25 0 times
31 Fri May 2024 8885.60 8815.10 9209.60 8361.10 0 times
30 Tue Apr 2024 8797.50 8396.65 8892.00 8370.25 0 times
28 Thu Mar 2024 8331.65 8189.75 8517.30 7870.50 0 times

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 Commodities (NIFTY_COMMODITIES)

Indicator Name Indicator Value Indicator Signal
ADX 28, 28, 1 Sell
MACD 207, 178Buy
Stochastics 84Buy
CCI 62Buy
RSI 34Sell
OBV 0Sell
VWAP NANSell
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Nifty Commodities ( (NIFTY_COMMODITIES) ) 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 Commodities ( (NIFTY_COMMODITIES) ) 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 Commodities ( (NIFTY_COMMODITIES) ) 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 Commodities ( (NIFTY_COMMODITIES) ) 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 Commodities stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Nifty Commodities 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 Commodities 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Nifty Commodities 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 negative zone. This is the SELL zone

Stock of Nifty Commodities is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is NAN and Nifty Commodities (NIFTY_COMMODITIES) 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 Commodities (NIFTY_COMMODITIES) stock. Volume based technical analysis of Nifty Commodities (NIFTY_COMMODITIES) stock is negative.

Nifty Commodities 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.

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