Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-27 View latest technical analysis

10 day averaged volume of First Trust is 41470

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	56.95	57.07	57.12	56.85	0.328 times
26 Mon Feb 2024	57.07	57.07	57.11	56.91	0.367 times
23 Fri Feb 2024	57.48	57.45	57.50	57.13	0.265 times
22 Thu Feb 2024	57.26	57.02	57.50	56.91	0.434 times
21 Wed Feb 2024	56.69	56.89	56.90	56.60	0.969 times
20 Tue Feb 2024	57.33	57.27	57.57	57.06	1.985 times
16 Fri Feb 2024	57.04	57.08	57.19	56.59	0.95 times
15 Thu Feb 2024	56.73	56.79	56.80	56.31	2.409 times
14 Wed Feb 2024	56.41	56.55	56.57	56.11	1.541 times
13 Tue Feb 2024	55.55	55.72	55.72	55.21	0.514 times

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 57.1 as stoploss in an intra day sell trade for a target of 56.29. However, stock will show a bullish move above 57.1.

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	55.91
Downside Target	56.60
Downside Target	56.70
Downside Target	56.85
Upside Target	57.12
Upside Target	57.19
Upside Target	57.57

Intraday share price targets for First Trust (NFTY)

Target Type	Value
Downside Intraday Target	56.83
Downside Intraday Target	56.7
Upside Intraday Target	57.1
Upside Intraday Target	57.24
Upside Intraday Target	56.97

Weekly technical analysis of First Trust (NFTY)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	56.95	57.07	57.12	56.85	0.19 times
23 Fri Feb 2024	57.48	57.27	57.57	56.60	0.611 times
16 Fri Feb 2024	57.04	55.82	57.19	55.21	3.073 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

Price has moved down 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
27 Tue Feb 2024	56.95	55.43	57.57	55.08	0.827 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 losing 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 but selling is losing 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 56.83 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.