NIFTY 50 (NIFTY) Down 0.37%
Relative to other instruments in the equity indices asset class, nifty 50 ranked 10th since the day prior in terms of percentage price change.
NIFTY 50
(Last Updated January 23, 2021)
Welcome to the news page for NIFTY 50 (NIFTY). Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
The Trend
On NIFTY, there is currently an uptrend on the 90, 30 and 14 day timeframes.
NIFTY Moving Averages
NIFTY’s moving averages suggest the trend on a number of time horizons is bullish.
The chart below illustrates.
The View From the Weekly Timeframe
At the moment, NIFTY’s price is up 156.65 (1.09%) from the week prior. It’s been a feast for bulls operating on the weekly timeframe, as NIFTY has now gone up 4 of the past 5 weeks. Regarding the trend, note that the strongest trend exists on the 10 week timeframe. Looking further out, the moving averages on the weekly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. NIFTY’s weekly price action over the past 52 weeks can be seen via the chart below.
NIFTY 50 (NIFTY) 2 Day Up Streak Broken; in an Uptrend Over Past 90 Days
This move is a reversal from the hour prior, which saw price move up.
NIFTY 50 (NIFTY) Moves Down For the 2nd Day In A Row; in an Uptrend Over Past 14 Days
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe.
NIFTY 50 (NIFTY) 5 Day Up Streak Snapped; in an Uptrend Over Past 14 Days
This is the 2nd consecutive hour nifty 50 has seen its price head down.
NIFTY 50 (NIFTY) Up 0.21%; in an Uptrend Over Past 90 Days
Out of the 14 instruments in the equity indices asset class, nifty 50 ended up ranking 9th for the day in terms of price change relative to yesterday.
NIFTY 50 (NIFTY) Up 0.01%; in an Uptrend Over Past 14 Days
Given that we see an uptrend on the 20 and 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
NIFTY 50 (NIFTY) Up 0.54%; in an Uptrend Over Past 14 Days
Relative to other instruments in the equity indices asset class, nifty 50 ranked 4th since yesterday in terms of percentage price change.
NIFTY 50 (NIFTY) Heads Up For the 2nd Day In A Row; Pin Bar Pattern Appearing on Chart
It’s been a feast for bulls operating on an hourly timeframe, as nifty 50 has now gone up 4 of the past 5 hours.
NIFTY 50 (NIFTY) Heads Down For the 2nd Consecutive Day; in an Uptrend Over Past 90 Days
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
NIFTY 50 (NIFTY) Down 0.38%; in an Uptrend Over Past 90 Days
Relative to other instruments in the equity indices asset class, nifty 50 ranked 11th since the day prior in terms of percentage price change.