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 moderately bearish?
- Price is below all of its key moving averages — a weak trend structure.
- RSI at 18.7 is in oversold territory.
- MACD is bearish.
- ADX at 51.1 confirms a trending market.
- Nearby support sits near 23,457.62 and resistance near 23,623.25.
- Price is within 0.6% 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 | 23,873.45 | +1.7% |
| Resistance | 23,739.30 | +1.1% |
| Resistance | 23,623.25 | +0.6% |
| Current | 23,482.90 | — |
| Support | 23,457.62 | −0.1% |
Scenarios
Technical
| RSI (14) | 18.7 oversold |
| MACD | Bearish |
| ADX | 51.1 (trending) |
| Stoch RSI | 8.3 |
| CCI (20) | -152.3 |
| EMA 20 | 23,597.00 ▼ |
| EMA 50 | 23,681.81 ▼ |
| ATR (14) | 28.34 |
Market context
| Regime | Neutral |
| Nifty today | -0.64% |
| India VIX | 11.8 (calm) |
| Global | Wall Street closed lower overnight |
| 1-month | -0.8% |
| 1-year | -2.1% |
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: Doji — 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.