Overall NFTY gets a technical rating of 0 out of 10. NFTY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of NFTY is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
55.24
When analyzing the support we notice one important area.
We can see 3 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for NFTY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NFTY is down. |
| ChartMill Relative Strength | 35.11 | NEUTRAL | NFTY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NFTY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NFTY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NFTY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.02 | NEUTRAL | The RSI value for NFTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests NFTY has a negative trend. |
| Stochastics (14,3) | 15.3 | OVERSOLD | The low Stochastics value suggests NFTY may be oversold. |
| Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for NFTY suggests low volalility. |
| Average Directional Index/ADX (14) | 13.22 | NEGATIVE | The low ADX value for NFTY suggests a weak or negative trend. |
NASDAQ:NFTY (12/15/2025, 8:00:02 PM)
57.0996
+0.12 (+0.22%)
ChartMill assigns a technical rating of 0 / 10 to NFTY.
The current trend direction for FIRST TRUST INDIA NIFTY 50 E (NFTY) is Bearish.
FIRST TRUST INDIA NIFTY 50 E (NFTY) has an RSI value of 37.0181. This indicates that the stock is currently neutral.
The short term momentum for FIRST TRUST INDIA NIFTY 50 E (NFTY) is negative.
FIRST TRUST INDIA NIFTY 50 E (NFTY) has a support level at 55.8 and a resistance level at 57.92. Check the full technical report for our detailed analysis of NFTY support and resistance levels.