NIFTY 50 (NIFTY) Down $16.9 Over Past 4 Hours, Entered Today Down 0.33%; in an Uptrend Over Past 90 Days

NIFTY 50 4 Hour Price Update

Updated September 09, 2020 11:12 AM GMT (07:12 AM EST)

NIFTY 50 is down 0.15% (16.9) since the last 4 hour candle, marking the 3rd candle in a row a decrease has occurred. Those trading within the 8 major global equity indices asset class should know that NIFTY 50 was the worst performer in the class the current 4 hour candle.

NIFTY 50 Daily Price Recap

The back and forth price flow continues for NIFTY 50, which started today off at 11317.35 US dollars, down 0.33% (37.7) from the previous day. Out of the 8 instruments in the 8 major global equity indices asset class, NIFTY 50 ended up ranking 4th for the day in terms of price change relative to the previous day. Here is a daily price chart of NIFTY 50.

NIFTY

NIFTY 50 Technical Analysis

The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For another vantage point, consider that NIFTY 50’s price has gone up 6 of the previous 10 trading days.

Overheard on Twitter

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

  • From jay_b2427:

    જય શ્રી કૃષ્ણ
    Nifty 50
    Resistance – 11380 -11430
    Support 11250 – 11300
    Nifty Bank
    Resistance – 23100 – 234800
    Support 1 – 22800 – 22450
    HDFC Buy above 1802 T 1811 / 1819 SL 1791
    Indigo Sell below 1224 T 1213/ 1207 SL 1236
    #nifty50 #banknifty #INTRADAY

  • From CapsuleFinance:

    Exchange traded fund:Nifty 50 represent the different sector present in our county.Its include Financial, Energy, IT, Consumer goods, Automobile,Agriculture sector.If you invest in Nifty 50 index ETF than you have better edge than choosing any sector specific fund or MF!!

  • From sumitkbehal:

    Was going through historical data of NIFTY 50, I just can’t believe Nifty 50 gave a total of -5% returns from May 2008 to Dec 2011. Meanwhile, what were Mutual Funds doing those days?