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 27.5 is in oversold territory.
- MACD is bearish.
- ADX at 25.4 confirms a trending market.
- Nearby support sits near 23,317.10 and resistance near 23,516.35.
- Volume is below average, so the current move lacks conviction.
- Price is within 0.13% 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 | 23,721.67 | +1% |
| Resistance | 23,623.10 | +0.6% |
| Resistance | 23,516.35 | +0.1% |
| Current | 23,486.35 | — |
| Support | 23,317.10 | −0.7% |
| Support | 23,151.50 | −1.4% |
Scenarios
Technical
| RSI (14) | 27.5 oversold |
| MACD | Bearish |
| ADX | 25.4 (trending) |
| Stoch RSI | 0 |
| CCI (20) | -211.7 |
| EMA 20 | 24,005.70 ▼ |
| EMA 50 | 24,091.79 ▼ |
| SMA 200 | 24,577.20 ▼ |
| Rel. volume | 0× |
| ATR (14) | 173.89 |
Market context
| Regime | Neutral |
| Nifty today | -0.63% |
| India VIX | 11.78 (calm) |
| Global | Wall Street closed lower overnight |
| 1-month | -4% |
| 1-year | -5.6% |
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.
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.