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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 2024-07-11 View latest technical analysis

10 day averaged volume of First Trust is 20670

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	61.32	61.30	61.38	61.20	0.576 times
10 Wed Jul 2024	61.18	60.76	61.20	60.76	1.113 times
09 Tue Jul 2024	61.22	61.10	61.38	60.92	0.934 times
08 Mon Jul 2024	61.00	61.21	61.31	60.85	0.842 times
05 Fri Jul 2024	61.01	61.24	61.31	60.79	1.098 times
03 Wed Jul 2024	60.90	60.70	60.94	60.62	1.001 times
03 Wed Jul 2024	60.90	60.70	60.94	60.62	1.001 times
02 Tue Jul 2024	60.62	60.23	60.74	60.23	1.026 times
01 Mon Jul 2024	60.64	60.55	60.81	60.48	0.958 times
28 Fri Jun 2024	60.28	60.50	60.53	60.15	0.866 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 61, but if it comes below 61, then a intra day sell could be more profitable.
If you take a sell trade below 61, then use 61 as stoploss and 60.43 as target. However if you take a buy trade in stock , then use 61 as stoploss and 61.8 as target.

Share price targets for First Trust (NFTY)

Target Type	Value
Downside Target	55.12
Downside Target	57.95
Downside Target	60.58
Downside Target	60.62
Downside Target	60.64
Downside Target	60.76
Downside Target	60.94
Downside Target	61.31
Upside Target	61.38

Intraday share price targets for First Trust (NFTY)

Target Type	Value
Downside Intraday Target	60.93
Downside Intraday Target	60.53
Upside Intraday Target	61.55
Upside Intraday Target	61.77
Downside Intraday Target	61.15

Weekly technical analysis of First Trust (NFTY)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	61.32	61.21	61.38	60.76	1.65 times
05 Fri Jul 2024	61.01	60.70	61.31	60.62	0.703 times
03 Wed Jul 2024	60.90	60.55	60.94	60.23	0.439 times
28 Fri Jun 2024	60.28	60.10	60.58	59.46	2.01 times
21 Fri Jun 2024	59.44	60.28	60.64	59.31	1.447 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of First Trust (NFTY)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	61.32	60.55	61.38	60.23	0.276 times
28 Fri Jun 2024	60.28	59.37	60.64	55.63	1.061 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining 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 60.9 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.