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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 2024-02-15 View latest technical analysis

10 day averaged volume of First Trust is 25030

Date	Daily Closing Price	Open	High	Low	Volume
15 Thu Feb 2024	56.73	56.79	56.80	56.31	3.991 times
14 Wed Feb 2024	56.41	56.55	56.57	56.11	2.553 times
13 Tue Feb 2024	55.55	55.72	55.72	55.21	0.851 times
12 Mon Feb 2024	56.04	55.82	56.05	55.70	0.939 times
09 Fri Feb 2024	55.82	56.47	56.47	55.73	0.228 times
08 Thu Feb 2024	55.63	56.14	56.14	55.62	1.29 times
07 Wed Feb 2024	56.56	56.56	56.70	56.38	0.795 times
06 Tue Feb 2024	56.38	56.39	56.39	56.13	0.495 times
05 Mon Feb 2024	55.58	55.83	55.83	55.45	0.416 times
02 Fri Feb 2024	55.91	55.80	55.91	55.40	1.031 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 56.2, but if it comes below 56.2, then a intra day sell could be more profitable.
If you take a sell trade below 56.2, then use 56.2 as stoploss and 55.36 as target. However if you take a buy trade in stock , then use 56.2 as stoploss and 57.2 as target.

Share price targets for First Trust (NFTY)

Target Type	Value
Downside Target	46.60
Downside Target	49.20
Downside Target	50.55
Downside Target	53.37
Downside Target	55.17
Downside Target	55.21
Downside Target	55.25
Downside Target	55.45
Downside Target	55.91
Downside Target	56.70
Upside Target	56.80

Intraday share price targets for First Trust (NFTY)

Target Type	Value
Downside Intraday Target	55.69
Downside Intraday Target	54.66
Upside Intraday Target	57.28
Upside Intraday Target	57.84
Downside Intraday Target	56.25

Weekly technical analysis of First Trust (NFTY)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Thu Feb 2024	56.73	55.82	56.80	55.21	2.585 times
09 Fri Feb 2024	55.82	55.83	56.70	55.45	0.593 times
02 Fri Feb 2024	55.91	55.16	55.91	54.27	1.155 times
26 Fri Jan 2024	54.35	54.92	55.17	53.37	0.456 times
19 Fri Jan 2024	54.38	55.09	55.09	53.56	24.846 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
15 Thu Feb 2024	56.73	55.43	56.80	55.08	0.508 times
31 Wed Jan 2024	55.14	53.99	55.25	53.37	2.189 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

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 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 56.28 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.