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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 2024-01-05 View latest technical analysis

10 day averaged volume of First Trust is 16460

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	53.86	54.70	54.81	53.86	4.265 times
04 Thu Jan 2024	54.40	54.42	54.55	53.82	0.954 times
03 Wed Jan 2024	54.17	54.18	54.19	53.77	1.039 times
02 Tue Jan 2024	54.31	53.99	54.33	53.99	1.148 times
29 Fri Dec 2023	54.06	54.26	54.41	54.02	0.966 times
29 Fri Dec 2023	54.06	54.26	54.41	54.02	0.966 times
28 Thu Dec 2023	54.58	54.35	54.69	54.31	1.829 times
27 Wed Dec 2023	54.30	54.29	54.31	54.02	1.173 times
26 Tue Dec 2023	53.85	53.72	53.92	53.69	0.875 times
22 Fri Dec 2023	53.40	53.29	53.49	53.01	0.45 times

Stock of First Trust (NFTY) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 54.3 as stoploss in an intra day sell trade for a target of 53.39. However, stock will show a bullish move above 54.3.

Share price targets for First Trust (NFTY)

Target Type	Value
Downside Target	46.60
Downside Target	49.20
Downside Target	53.69
Downside Target	53.77
Upside Target	54.02
Upside Target	54.41
Upside Target	54.69
Upside Target	54.81

Intraday share price targets for First Trust (NFTY)

Target Type	Value
Downside Intraday Target	53.48
Downside Intraday Target	53.11
Upside Intraday Target	54.52
Upside Intraday Target	55.19
Upside Intraday Target	54.15

Weekly technical analysis of First Trust (NFTY)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	53.86	53.99	54.81	53.77	7.667 times
29 Fri Dec 2023	54.06	54.26	54.41	54.02	0.199 times
29 Fri Dec 2023	54.06	53.72	54.69	53.69	1.349 times
22 Fri Dec 2023	53.40	53.53	53.77	51.92	0.738 times
15 Fri Dec 2023	53.52	52.06	53.75	51.78	1.192 times

Price has moved down 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
05 Fri Jan 2024	53.86	53.99	54.81	53.77	0.387 times
29 Fri Dec 2023	54.06	50.87	54.69	50.55	1.421 times
30 Thu Nov 2023	50.78	47.15	50.78	47.15	0.736 times
31 Tue Oct 2023	47.27	48.50	49.20	46.60	0.899 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 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 SELL signal for First Trust in short term but the sell signal is initial and weak.

First Trust Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for First Trust in short term but SELL 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 54.11 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 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.