NIFTY 50 (NIFTY) Moves Down For the 2nd Day In A Row

NIFTY 50 Daily Price Recap

NIFTY 50 came into today down 0.76% ($68.55) from the open of the previous day, marking the 2nd day in a row a decline has happened. Relative to other instruments in the 8 major global equity indices asset class, NIFTY 50 ranked 2nd since the previous day in terms of percentage price change. The daily price chart of NIFTY 50 below illustrates.

NIFTY 50 Technical Analysis

Volatility for NIFTY 50 has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down. It should be noted, though, that a trend in the opposite direction, going up, exists on the 14 day timeframe. If you’re looking to trade the primary trend, this may be a good opportunity to sell rallies created by the counter trend. For additional context, note that price has gone down 18 out of the past 30 days.

Overheard on Twitter

Behold! Here are the top tweets related to NIFTY 50:

  • From IndiaEtfs:

    If the Nifty 50 returned 10% per year for the next decade, would you be happy about that?

  • From ssstockalerts:

    @spenlunc @Rishikesh_ADX Hi Prem, You can reduce no of the stocks below conditions
    1. Volume
    2. Select nifty 100 to Nifty 50
    3. For long Adx +DI > -DISo u will see less stocks. To filter by volume and nifty indexes, just login -> patterns -> Advanced pattern -> select these patterns and save it.

  • From ChaaiP:

    @paraschopra Nifty 50

In terms of news links for NIFTY 50 here’s one to try:

Nifty 50 companies – List and Sector Wise Weightage

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By Rajat Sharma on February 17, 2016 at 9:38 pmAuthor
No specific stock calls here….Reply »
By Rajat Sharma on March 30, 2016 at 8:50 pmAuthor
Buy Nifty Bees
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By Naresh on October 27, 2017 at 11:48 pm Nifty Bees was a good option..but now mf house like UTI offer index mf and expense ratio is 0.1%…
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By Shraddha on May 2, 2016 at 12:11 pm Totally new to the share market.How I should start?…Reply »
By Anonymous on October 10, 2019 at 1:36 am Sir low stocks are better now because the ratio is high and
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By Ranjeet on September 16, 2016 at 11:28 pm Sir ,don’t know anything about market….Reply »
By Rajat Sharma on April 28, 2017 at 11:35 amAuthor
Sure….Reply »
By CHIRONJIT SIDDHA on September 10, 2017 at 2:55 pm I WANT TO INVEST IN FINANCIAL SERVICES, BUT I DON’T HAVE ANY IDEA, PLEASE HELP ME SIR,
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By Rajat Sharma on September 12, 2017 at 3:56 pmAuthor
Call 011 41517078 and someone will help you set things up
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By Vamshee Devulapally on November 22, 2017 at 6:22 pm Hi
Is it possible to get data on NIFTY 50 companies for every year from 2013….Reply »
By Rahul on January 26, 2019 at 6:19 pm Hdfc bank is better than HDFC
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By Anonymous on November 20, 2018 at 3:36 pm Give me ur no
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By Rajat Sharma on November 27, 2018 at 11:21 amAuthor
9833905054
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