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.
Nifty prediction for tomorrow 12 APR 24As we discussed NIFTY yesterday, it ended sideways.
If we look at the chart now:
the market is trading ATH in the zone where it got heavy selling from this region. NIFTY is going to be sideways unless it breaks the GREEN trendline to the downside. The inside marked region (22617-22766) is sid
Mighty Nifty - Apr 10Price faced resistance at 22760 zone and fall down. Now it is at support zone.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 22630.
Stop Loss : 22590.
Targets : 22660, 22690 and 22740.
Sell below : 22550.
Stop Loss : 22590.
Targets : 22510, 22480, 22440 and 2240
NIFTY prediction for tomorrow 15 Apr 24As we discussed NIFTY yesterday, it opened a gap-down and then continued the momentum.
If we look at the chart:
The market has broken the pattern to the downside. There is 200-ema support at the downside. I am expecting to take a little bounce back (consolidation) and then continue the beari
NIFTY: TIME TO BE CAUTIOUSAs per diametric pattern nifty is at matured stages of this Rally which started from wave f lows.
Now my advice is to Avoid FOMO.
The fall post wave g can be either wave x or start of a bigger downside trend.
The speed of the fall and how violent the reversal is will confirm if a bigger degree
NIFTY Prediction for tomorrow 10 Apr 24NIFTY opened a gap-up and fell sharply from 22768.
If we look at the chart now:
The market is trading at the resistance zone (4H-TF). Also, the market is trading at the support trendline. If the market breaks the support to the downside, it is going to generate a quick fall till 22471. Mean
Mighty Nifty - April 15Price is at important support zone right now. Will it move up or fall further? Price action will decide it...
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 22540.
Stop Loss : 22500.
Targets : 22580, 22620 and 22660.
Sell below : 22450.
Stop Loss : 22490.
Targets
Mighty Nifty - April 8Price was consolidating the whole day and formed a symmetrical triangle. Break out can be in any direction.
Pattern : Support/Resistance.
Range : Medium.
Trend strength : Normal.
Buy Above : 22540.
Stop Loss : 22500.
Targets : 22580, 22620 and 22660.
Sell below : 22440.
Stop Loss : 22480.
Targets :
Expecting markets might fall after reaching NIFTY 22850 Expecting markets will jerk on APRIL 12 FRIDAY....
OPEN IN GAP DOWN of around 22600
Immediate fall again to around 22500....then
there are chances to reach 22850... then we can expect a real fall NSE:NIFTY
REMEMBER .....THIS ARE ALL EXPECTATIONS....
Nifty50: Unexpected Moves ahead ??Diametric pattern – Understanding Nifty medium term pattern by applying the concept of Advanced Elliott wave – Neo wave theory to forecast the next trend.
As shown on daily chart, prices are forming a Diametric pattern. This pattern is recognised in Neo wave as a 7 legged correction labelled as a-b
See all ideas
Frequently Asked Questions
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 lowest ever quote of Nifty 50 Index is 279.00 INR. It was reached on Jul 3, 1990.
Nifty 50 Index reached its highest quote on Apr 10, 2024 — 22 775.70 INR.