NIFTY-50
Share Price Analysis
INDEXNSE
NIFTY
Direction
Open
Close
High
Low
52 Week High
-172.35 (-0.76%)
NIFTY
(03 May, 2024 16:10)Sideways to Negative
52 Week Low
YTD
30_Day AVG
50_Day AVG
150_Day AVG
200_Day AVG
Sideways to Negative
#Analysis
INDEXNSE: NIFTY Share Price Today (May 04, 2024)
The NIFTY 50 is a benchmark Indian financial exchange record that addresses the weighted normal of 50 of the biggest Indian organizations recorded on the National Stock Exchange.
It is one of the two primary stock records utilized in India, the other being the BSE SENSEX.
Now, the main question is whether to BUY or SELL, INDEXNSE:NIFTY at current valuation.
INDEXNSE: NIFTY Share Price Today (May 04, 2024)
(NIFTY-50 Daily Analysis on the basis of NIFTY Intraday Graph & Trend)
NIFTY-50 Index share price moved Down by -0.76% from its previous close of Rs 22648.20. NIFTY stock last traded price is 22475.85 as on 03 May, 2024 16:10. It has touched an intraday high of Rs 22794.70 and an intraday low of Rs 22348.05. The NIFTY trading at 22475.85, Down by Rs. -172.35, or -0.76 percent which suggests that most of the traders are anticipating that the price of NIFTY 50 Index should go Down and the Stop Loss will be around 22820.
INDEXNSE: NIFTY Share Price Tomorrow Prediction
(NIFTY-50 Share Price Prediction for Tomorrow & future forecast is based on Current Trend of NIFTY)
NIFTY-50 share price moved Down by -0.76%. NIFTY share price short term trend is Down. It suggests that NIFTY Share Price for Tomorrow remains the same with VWAP at 22820 will be treated as stop loss for intraday traders. NIFTY-50 Long term investors can follow the NIFTY long term trend as mentiond in future forecast table.
NIFTY-50 NSE Code |
INDEXNSE: NIFTY 50 |
NIFTY 50 Share Price Today |
22475.85 |
NIFTY 50 Share Price Target Prediction for 2024^ |
18661 - 23577 |
NIFTY 50 Share Price Target Prediction for 2025^ |
21634 - 23684 |
NIFTY 50 Share Price Target Prediction for 2026^ |
23684 - 24496 |
NIFTY 50 Share Price Target Prediction for 2030^ |
25336 |
^NIFTY 50 share price target prediction for 2024 2025 2026 & 2030 is based on current market scenario & growth assumptions, they might change subject to market sentiments.
NIFTY Technical Analysis
Candlestick Pattern: @22643.4| MA | Simple | Action S1 | Expo | Action E2 |
|---|---|---|---|---|
| MA_5 | 22480.8 | BUY | 22489.8 | BUY |
| MA_12 | 22401.5 | BUY | 22412.8 | BUY |
| MA_20 | 22429.6 | BUY | 22377.5 | BUY |
| MA_32 | 22304.2 | BUY | 22300.2 | BUY |
| MA_50 | 22253.5 | BUY | 22185.7 | BUY |
| MA_100 | 21982.4 | BUY | 21835.2 | BUY |
| MA_200 | 20734.4 | BUY | 20877.8 | BUY |
| Trend Oscillators | Value | Action |
|---|---|---|
| Bollinger Bands | 22429.6 | Uptrend |
| MACD | 10.1 | BUY |
| ADX | 14.9 | NO or Weak Trend |
| DMI (+/-) | 22.83 / 20.8 | Uptrend |
| Momentum Oscillators | Value | Action |
|---|---|---|
| RSI | 59.06 | Neutral |
| STOCHASTIC_K (Fast) | 87.65 | Overbought |
| STOCHASTIC_D (Slow) | 83.13 | Overbought |
| CCI | 60.01 | Neutral |
| PSAR | 21811.2 | BUY |
| TRUE RANGE | 235.85 | Neutral |
| ATR | 227.78 | Neutral |
| WILLIAMS R | -13.26 | Overbought |
| TRIX | 0 | Neutral |
| STOCHASTIC RSI K | 100 | Overbought |
| STOCHASTIC RSI D | 73.72 | Neutral |
| MOMENTUM | 638.7 | BUY |
| Duration | Value |
|---|---|
| 1 Year | 27.43% |
| 3 Months | 4.97% |
| 1 Month | 2.9% |
| 1 Week | 1.37% |
| Action | Overall (%) |
|---|---|
| BUY | 77% |
| NEUTRAL / HOLD | 23% |
| SELL | 0% |
INDEXNSE: NIFTY Index Composition
List of Top 50 Companies
| Company | Price | Change | % |
|---|---|---|---|
| Adani Enterpris | 2993.25 | -46.35 | -1.52% |
| Adani Ports | 1320.30 | -18.50 | -1.38% |
| Apollo Hospital | 6009.60 | 51.05 | 0.86% |
| Asian Paints | 2929.75 | -45.65 | -1.53% |
| Axis Bank | 1141.50 | -8.35 | -0.73% |
| Bajaj Auto | 9105.60 | -5.05 | -0.06% |
| Bajaj Finance | 6931.50 | 48.80 | 0.71% |
| Bajaj Finserv | 1627.30 | 11.85 | 0.73% |
| Bharti Airtel | 1277.40 | -26.65 | -2.04% |
| BPCL | 629.85 | -4.80 | -0.76% |
| Britannia | 4744.60 | -15.05 | -0.32% |
| Cipla | 1424.75 | 4.70 | 0.33% |
| Coal India | 474.60 | 20.70 | 4.56% |
| Divis Labs | 3950.95 | -13.70 | -0.35% |
| Dr Reddys Labs | 6349.55 | 62.05 | 0.99% |
| Eicher Motors | 4599.25 | -3.15 | -0.07% |
| Grasim | 2481.35 | 44.00 | 1.81% |
| HCL Tech | 1348.05 | -12.65 | -0.93% |
| HDFC Bank | 1519.60 | -12.65 | -0.83% |
| HDFC Life | 565.90 | -10.45 | -1.81% |
| Hero Motocorp | 4552.75 | -8.75 | -0.19% |
| Hindalco | 647.10 | 5.65 | 0.88% |
| HUL | 2217.05 | -9.25 | -0.42% |
| ICICI Bank | 1142.05 | 2.60 | 0.23% |
| IndusInd Bank | 1483.70 | -21.50 | -1.43% |
| Infosys | 1416.30 | 1.85 | 0.13% |
| ITC | 436.45 | -2.55 | -0.58% |
| JSW Steel | 874.20 | -16.15 | -1.81% |
| Kotak Mahindra | 1546.70 | -28.95 | -1.84% |
| Larsen | 3499.80 | -99.70 | -2.77% |
| LTIMindtree | 4651.95 | -40.75 | -0.87% |
| M&M | 2193.00 | 7.85 | 0.36% |
| Maruti Suzuki | 12492.15 | -313.20 | -2.45% |
| Nestle | 2456.10 | -56.20 | -2.24% |
| NTPC | 364.95 | -4.10 | -1.11% |
| ONGC | 286.10 | 3.30 | 1.17% |
| Power Grid Corp | 310.85 | -2.75 | -0.88% |
| Reliance | 2868.00 | -65.10 | -2.22% |
| SBI | 831.45 | 1.40 | 0.17% |
| SBI Life Insura | 1443.25 | -17.65 | -1.21% |
| Shriram Finance | 2588.55 | 6.45 | 0.25% |
| Sun Pharma | 1511.15 | -7.85 | -0.52% |
| TATA Cons. Prod | 1094.30 | 3.15 | 0.29% |
| Tata Motors | 1013.40 | -14.40 | -1.40% |
| Tata Steel | 166.50 | -0.85 | -0.51% |
| TCS | 3843.40 | -19.90 | -0.52% |
| Tech Mahindra | 1250.45 | -16.45 | -1.30% |
| Titan Company | 3533.90 | -34.55 | -0.97% |
| UltraTechCement | 9816.30 | -167.15 | -1.67% |
| Wipro | 457.35 | -0.05 | -0.01% |