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(NFTY) First Trust complete technical analysis [charts+indicators] | Buy/Sell First Trust | (NFTY) share price targets

Complete technical analysis of First Trust (NFTY) by charts plus indicators, forecast predictions and share price targets for First Trust (NFTY)

First Trust trades in USA in N A sector.

Showing technical analysis as on 2024-06-13 View latest technical analysis

10 day averaged volume of First Trust is 28720

Date	Daily Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	59.72	59.91	59.99	59.56	2.002 times
12 Wed Jun 2024	59.70	59.65	59.92	59.59	0.481 times
11 Tue Jun 2024	59.05	59.41	59.41	59.02	0.341 times
10 Mon Jun 2024	59.22	59.20	59.37	58.86	0.707 times
07 Fri Jun 2024	59.01	59.23	59.23	58.75	0.449 times
06 Thu Jun 2024	58.25	58.44	58.44	58.03	0.7 times
05 Wed Jun 2024	57.98	57.23	57.98	57.22	2.476 times
04 Tue Jun 2024	56.11	56.22	56.28	55.63	2.552 times
03 Mon Jun 2024	59.32	59.37	59.67	58.98	1.292 times
31 Fri May 2024	57.21	57.43	57.43	57.06	0.386 times

Stock of First Trust (NFTY) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 59.1, but if it comes below 59.1, then a intra day sell could be more profitable.
If you take a sell trade below 59.1, then use 59.1 as stoploss and 58.13 as target. However if you take a buy trade in stock , then use 59.1 as stoploss and 60.2 as target.

Share price targets for First Trust (NFTY)

Target Type	Value
Downside Target	55.08
Downside Target	57.95
Downside Target	58.25
Downside Target	58.74
Downside Target	58.86
Downside Target	58.99
Downside Target	59.67
Upside Target	59.99

Intraday share price targets for First Trust (NFTY)

Target Type	Value
Downside Intraday Target	59.06
Downside Intraday Target	58.39
Upside Intraday Target	60.19
Upside Intraday Target	60.65
Downside Intraday Target	59.52

Weekly technical analysis of First Trust (NFTY)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	59.72	59.20	59.99	58.86	0.473 times
07 Fri Jun 2024	59.01	59.37	59.67	55.63	2.497 times
31 Fri May 2024	57.21	58.74	58.74	57.06	0.925 times
23 Thu May 2024	58.50	57.66	58.99	57.24	1.033 times
17 Fri May 2024	57.48	56.70	57.56	56.36	0.423 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of First Trust (NFTY)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	59.72	59.37	59.99	55.63	0.524 times
31 Fri May 2024	57.21	56.86	58.99	55.69	0.981 times
30 Tue Apr 2024	56.59	57.38	57.95	55.12	1.003 times
28 Thu Mar 2024	56.96	57.27	58.25	55.34	0.992 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of First Trust (NFTY)

Price action analysis of First Trust ( (NFTY) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of First Trust ( (NFTY) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of First Trust ( (NFTY) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for First Trust stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for First Trust in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

First Trust Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for First Trust in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of First Trust is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 58.23 and First Trust (NFTY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the First Trust (NFTY) stock. Volume based technical analysis of First Trust (NFTY) stock is negative.

First Trust Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.