NIFTY50.....Buying panic all around!
Hello Traders,
the NIFTY50 has extended my cited price area to ~24620 range. It was exactly @ 24589.15 points!
Here, a wave iii (blue) ended!
Chart analysis:
If this was all of waves (5) of iii (blue), the next move could be a wave iv (blue) to around the range of 23709 to 23845.15 zone! This one
About Nifty 50 Index
NIFTY 50 is the main index for the National Stock Exchange of India (NSE). It tracks the performance of the top 50 stocks by market capitalization from 13 sectors of the Indian economy. With such a relatively small number of companies within the index it still represents over 60% of the free float market capitalization of the stocks listed on NSE, and serves as a benchmark for fund portfolios and index funds. The list of the NIFTY 50 Index constituents is rescheduled every 6 month.
NIFTY50.....Wave iii complete! Corrective move ahead?Hello Traders,
the NIFTY50 reached on Friday the level of 24365 and fell to a close @ 24039.35!
This level (@24365) can be a wave iii! The next move would be a wave iv, that can retrace to 23585.
The next opportunity could be a wave c that is done or close to be done.
Chart analysis:
If the wave ii
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Nifty eyeing Trendline breakout amidst uncertainty. Amidst uncertainty on Geo-Political front Nifty gave up 242 points it had gained earlier in the day. Also it bounced 108 points from the day's low to close 12 points in positive at 24346.7 in a highly volatile Friday.
Reliance remains start of the week after posting stellar results earlier in the
#NIFTY Intraday Support and Resistance Levels - 02/05/2025Gap up opening expected in nifty near 24450 level. Currently nifty consolidating in the range of 24250-24500 level. After opening if nifty gives breakout and start trading above 24500 level then possible strong upside rally towards the 24750+ level in today's session. 24250 level will act as a stron
Nifty Elliott wave update for 29april Tuesday onwardsIn this Video I have explained Elliott wave analysis of Nifty on 3hour, 15 min chart and 5min chart in detail to conclude what are the possible scenarios possible in Nifty index from 29april Tuesday onwards.... Kindly watch full video for detail understanding. It will help you to understand how to u
#NIFTY Intraday Support and Resistance Levels - 29/04/2025Gap up opening expected in nifty near 24450 level. After opening if nifty starts trading and sustain above 24500 level then possible strong upside rally towards the 24750+ level in today's session. Any downside or reversal expected near 24450 level. Downside 24250 level will act as a strong support
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current value of Nifty 50 Index is 24,461.15 INR — it has risen by 0.47% in the past 24 hours. Track the index more closely on the Nifty 50 Index chart.
Nifty 50 Index reached its highest quote on Sep 27, 2024 — 26,277.35 INR. See more data on the Nifty 50 Index chart.
The lowest ever quote of Nifty 50 Index is 279.00 INR. It was reached on Jul 3, 1990. See more data on the Nifty 50 Index chart.
Nifty 50 Index value has increased by 1.62% in the past week, since last month it has shown a 5.48% increase, and over the year it's increased by 7.44%. Keep track of all changes on the Nifty 50 Index chart.
The top companies of Nifty 50 Index are NSE:RELIANCE, NSE:HDFCBANK, and NSE:TCS — they can boast market cap of 227.23 B INR, 173.99 B INR, and 147.14 B INR accordingly.
The highest-priced instruments on Nifty 50 Index are NSE:MARUTI, NSE:ULTRACEMCO, and NSE:BAJFINANCE — they'll cost you 12,450.00 INR, 11,670.00 INR, and 8,940.00 INR accordingly.
The champion of Nifty 50 Index is NSE:BHARTIARTL — it's gained 42.82% over the year.
The weakest component of Nifty 50 Index is NSE:INDUSINDBK — it's lost −44.10% over the year.
Nifty 50 Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy Nifty 50 Index futures or funds or invest in its components.
The Nifty 50 Index is comprised of 50 instruments including NSE:RELIANCE, NSE:HDFCBANK, NSE:TCS and others. See the full list of Nifty 50 Index components to find more opportunities.