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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
21 Fri Jun 2024 9125.25 9195.75 9203.35 9093.10 NAN times
20 Thu Jun 2024 9171.75 9108.40 9210.70 9048.10 NAN times
19 Wed Jun 2024 9081.00 9225.85 9228.55 9062.15 NAN times
18 Tue Jun 2024 9199.80 9255.70 9255.70 9173.85 NAN times
14 Fri Jun 2024 9201.00 9195.80 9227.00 9144.20 NAN times

My analysis of stock is bullish for shortterm, and stock might move up till 9240 or till 9497.5. Use a stoploss of 9025.36 and if this stock hits its stoploss, then it can fall down till 8810.73

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 9048.10
Upside Target 9204.75
Upside Target 9209.60
Upside Target 9233.70
Upside Target 9255.70
Upside Target 9390.65

Intraday share price targets for Nifty Commodities (NIFTY_COMMODITIES)

Target Type Value
Downside Intraday Target 9030.33
Downside Intraday Target 8935.42
Upside Intraday Target 9237.93
Upside Intraday Target 9350.62
Upside Intraday Target 9143.02

Weekly technical analysis of Nifty Commodities (NIFTY_COMMODITIES)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 9125.25 9255.70 9255.70 9048.10 0 times
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

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 Commodities (NIFTY_COMMODITIES)

Date Monthly Closing Price Open High Low Volume
21 Fri Jun 2024 9125.25 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 22, 27, 10 Sell
MACD 201, 197Buy
Stochastics 80Buy
CCI 19Sell
RSI 39Sell
OBV 0Sell
VWAP NANSell
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Nifty Commodities ( (NIFTY_COMMODITIES) ) 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 Nifty Commodities ( (NIFTY_COMMODITIES) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 gaining momentum.

MACD generated a BUY signal for Nifty Commodities in short term and the buy signal is strong.

Nifty Commodities 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 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 Commodities 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nifty Commodities 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 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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