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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 2024-11-20 View latest technical analysis

10 day averaged volume of First Trust is 54340

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Nov 2024	58.19	58.16	58.59	58.01	2.192 times
19 Tue Nov 2024	58.16	58.02	58.16	58.02	0.847 times
18 Mon Nov 2024	58.01	57.97	58.32	57.84	1.411 times
15 Fri Nov 2024	57.91	58.20	58.30	57.90	0.53 times
14 Thu Nov 2024	58.39	58.05	58.47	58.05	0.41 times
13 Wed Nov 2024	57.97	58.14	58.15	57.85	2.326 times
12 Tue Nov 2024	58.44	59.25	59.25	58.37	2.541 times
11 Mon Nov 2024	59.68	59.75	60.00	59.65	0.265 times
08 Fri Nov 2024	59.59	59.95	60.04	59.53	0.35 times
07 Thu Nov 2024	60.10	60.34	60.34	59.91	0.576 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 bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.5, but if it comes above 58.5, then a intra day buy could be more profitable.
If you take a sell trade below 58.5, then use 58.5 as stoploss and 57.2 as target. However if you take a buy trade in stock , then use 58.5 as stoploss and 59.48 as target.

Share price targets for First Trust (NFTY)

Target Type	Value
Downside Target	57.84
Upside Target	61.00
Upside Target	61.23
Upside Target	61.61
Upside Target	62.18
Upside Target	63.19
Upside Target	63.49
Upside Target	64.90
Upside Target	65.90

Intraday share price targets for First Trust (NFTY)

Target Type	Value
Downside Intraday Target	57.82
Downside Intraday Target	57.46
Upside Intraday Target	58.57
Upside Intraday Target	58.96
Upside Intraday Target	58.21

Weekly technical analysis of First Trust (NFTY)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Nov 2024	58.19	57.97	58.59	57.84	0.733 times
15 Fri Nov 2024	57.91	59.75	60.00	57.85	2.059 times
08 Fri Nov 2024	59.59	59.96	61.00	59.51	1.27 times
01 Fri Nov 2024	60.40	61.23	61.23	60.00	1.033 times
25 Fri Oct 2024	59.91	61.92	62.18	59.51	0.834 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
20 Wed Nov 2024	58.19	60.11	61.00	57.84	1.072 times
31 Thu Oct 2024	60.30	64.87	64.90	59.51	1.965 times
30 Mon Sep 2024	64.84	63.02	65.90	61.61	0.524 times
30 Fri Aug 2024	63.27	63.12	63.49	59.50	1.524 times

Scroll below to view daily charts

Price has moved down 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 to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of First Trust ( (NFTY) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a SELL signal for First Trust in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for First Trust in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 58.34 and First Trust (NFTY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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