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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 2024-10-29 View latest technical analysis

10 day averaged volume of Bslnifty is 21087

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	28.09	27.96	28.19	27.72	0.544 times
28 Mon Oct 2024	27.98	27.99	28.11	27.67	0.969 times
25 Fri Oct 2024	27.82	28.04	28.38	27.67	4.381 times
24 Thu Oct 2024	28.04	28.07	28.23	27.89	0.534 times
23 Wed Oct 2024	28.08	28.17	28.44	27.82	0.29 times
22 Tue Oct 2024	28.08	28.46	28.64	27.66	0.46 times
21 Mon Oct 2024	28.36	28.41	28.84	28.30	0.376 times
18 Fri Oct 2024	28.48	28.22	28.59	28.20	0.901 times
17 Thu Oct 2024	28.43	28.60	28.85	28.36	1.221 times
16 Wed Oct 2024	28.70	28.85	28.89	28.60	0.672 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 28.1, but if it comes above 28.1, then a intra day buy could be more profitable.
If you take a sell trade below 28.1, then use 28.1 as stoploss and 27.5 as target. However if you take a buy trade in stock , then use 28.1 as stoploss and 28.58 as target.

Share price targets for Bslnifty (Bslnifty)

Target Type	Value
Downside Target	24.78
Downside Target	27.32
Upside Target	28.84
Upside Target	29.00
Upside Target	29.06
Upside Target	29.09
Upside Target	29.57
Upside Target	30.20
Upside Target	31.03
Upside Target	31.41

Intraday share price targets for Bslnifty (Bslnifty)

Target Type	Value
Downside Intraday Target	27.78
Downside Intraday Target	27.46
Upside Intraday Target	28.3
Upside Intraday Target	28.5
Downside Intraday Target	27.98

Weekly technical analysis of Bslnifty (Bslnifty)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	28.09	27.99	28.19	27.67	0.25 times
25 Fri Oct 2024	27.82	28.41	28.84	27.66	1.633 times
18 Fri Oct 2024	28.48	28.75	29.09	28.20	0.949 times
11 Fri Oct 2024	28.68	29.29	30.20	28.32	0.579 times
03 Thu Oct 2024	29.07	30.40	31.41	29.00	1.368 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
29 Tue Oct 2024	28.09	29.95	31.03	27.66	0.842 times
30 Mon Sep 2024	29.72	28.90	31.41	28.40	0.625 times
30 Fri Aug 2024	28.81	28.88	29.57	27.40	1.123 times
31 Wed Jul 2024	28.55	27.43	29.06	27.32	2.446 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Bslnifty stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Bslnifty in short term and the sell signal is strong.

Bslnifty 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 Bslnifty 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 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 28.09 and Bslnifty (Bslnifty) 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 Bslnifty (Bslnifty) stock. Volume based technical analysis of Bslnifty (Bslnifty) stock is negative.

Bslnifty 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.