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

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

Showing technical analysis as on 2024-08-21 View latest technical analysis

10 day averaged volume of Bslnifty is 29133

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	28.47	28.48	28.48	28.13	0.29 times
20 Tue Aug 2024	28.31	28.40	28.40	28.13	1.896 times
19 Mon Aug 2024	28.17	28.13	28.39	28.10	1.282 times
16 Fri Aug 2024	28.12	27.96	28.16	27.75	0.459 times
14 Wed Aug 2024	27.68	27.90	27.95	27.60	0.569 times
13 Tue Aug 2024	27.66	28.14	28.15	27.63	0.502 times
12 Mon Aug 2024	27.92	28.14	28.17	27.51	1.06 times
09 Fri Aug 2024	27.93	28.13	28.13	27.66	1.111 times
08 Thu Aug 2024	27.66	27.99	27.99	27.55	1.079 times
07 Wed Aug 2024	27.88	27.55	27.93	27.55	0.647 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 28.4, but if it comes below 28.4, then a intra day sell could be more profitable.
If you take a sell trade below 28.4, then use 28.4 as stoploss and 28.1 as target. However if you take a buy trade in stock , then use 28.4 as stoploss and 28.8 as target.

Share price targets for Bslnifty (Bslnifty)

Target Type	Value
Downside Target	24.78
Downside Target	26.14
Downside Target	27.32
Downside Target	28.10
Downside Target	28.21
Downside Target	28.29
Upside Target	28.48
Upside Target	28.55
Upside Target	28.60
Upside Target	28.93
Upside Target	29.06

Intraday share price targets for Bslnifty (Bslnifty)

Target Type	Value
Downside Intraday Target	28.22
Downside Intraday Target	27.97
Upside Intraday Target	28.6
Upside Intraday Target	28.73
Downside Intraday Target	28.35

Weekly technical analysis of Bslnifty (Bslnifty)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	28.47	28.13	28.48	28.10	1.339 times
16 Fri Aug 2024	28.12	28.14	28.17	27.51	0.437 times
09 Fri Aug 2024	27.93	28.19	28.29	27.40	0.8 times
02 Fri Aug 2024	28.31	28.41	28.93	28.21	1.328 times
26 Fri Jul 2024	28.39	28.10	28.55	27.55	0.659 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 Bslnifty (Bslnifty)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	28.47	28.88	28.93	27.40	0.573 times
31 Wed Jul 2024	28.55	27.43	29.06	27.32	2.446 times
28 Fri Jun 2024	27.54	26.08	28.60	24.78	1.271 times
31 Fri May 2024	25.73	25.86	27.39	24.87	0.932 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 Bslnifty (Bslnifty)

Price action analysis of Bslnifty ( (Bslnifty) ) 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 Bslnifty ( (Bslnifty) ) 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 Bslnifty ( (Bslnifty) ) 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 Bslnifty stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bslnifty 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.

Bslnifty 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 Bslnifty in short term and BUY signal is strong.

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 Bslnifty is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 28 and Bslnifty (Bslnifty) 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 Bslnifty (Bslnifty) stock. Volume based technical analysis of Bslnifty (Bslnifty) stock is negative.

Bslnifty 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.