MoneyA data-driven read of the Nifty 50 — price trend, momentum, support and resistance, market breadth and the global cues that matter, with a transparent confidence score. Educational analysis, not investment advice.
Nifty 50 Index
Why bearish?
- Price is below all of its key moving averages — a weak trend structure.
- RSI at 28.4 is in oversold territory.
- MACD is bearish.
- ADX at 25.3 confirms a trending market.
- Nearby support sits near 23,317.10 and resistance near 23,536.53.
- Volume is below average, so the current move lacks conviction.
- Price is within 0.17% of resistance, capping near-term upside.
Auto-generated from the computed indicators — price trend, momentum, volume, key levels and market context. Not a recommendation.
Key levels
| Resistance | 23,829.20 | +1.4% |
| Resistance | 23,721.67 | +1% |
| Resistance | 23,536.53 | +0.2% |
| Current | 23,496.85 | — |
| Support | 23,317.10 | −0.8% |
| Support | 23,151.50 | −1.5% |
Scenarios
Technical
| RSI (14) | 28.4 oversold |
| MACD | Bearish |
| ADX | 25.3 (trending) |
| Stoch RSI | 0 |
| CCI (20) | -206.6 |
| EMA 20 | 24,009.99 ▼ |
| EMA 50 | 24,093.56 ▼ |
| SMA 200 | 24,577.43 ▼ |
| Rel. volume | 0× |
| ATR (14) | 173.11 |
Market context
| Regime | Neutral |
| Nifty today | -0.59% |
| India VIX | 11.63 (calm) |
| Global | Wall Street closed lower overnight |
| 1-month | -4% |
| 1-year | -5.5% |
Price chart
Candles & volume from exchange data (Yahoo Finance), cached and possibly delayed. Bullion is the international price converted to an indicative INR rate. Not investment advice.
Candlestick: Hammer — treated as confluence, not a standalone signal.
Analysis and educational information based on delayed market data. Not personalised investment advice. Consult a SEBI-registered adviser before investing. Futures and options carry substantial risk; scenarios are analytical possibilities, not guaranteed outcomes.