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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 2024-12-24 View latest technical analysis

10 day averaged volume of First Trust is 25660

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	56.59	56.19	56.71	56.15	0.458 times
23 Mon Dec 2024	56.08	56.68	56.77	56.08	1.796 times
20 Fri Dec 2024	56.87	56.61	57.01	56.23	0.847 times
19 Thu Dec 2024	57.06	56.94	57.42	56.91	0.973 times
18 Wed Dec 2024	56.76	57.52	57.73	56.70	1.135 times
17 Tue Dec 2024	57.89	57.93	57.93	57.50	0.721 times
16 Mon Dec 2024	58.50	58.61	58.73	58.25	1.042 times
13 Fri Dec 2024	58.84	58.96	59.00	58.70	1.642 times
12 Thu Dec 2024	58.93	59.01	59.23	58.91	1.014 times
11 Wed Dec 2024	59.49	59.35	59.51	59.30	0.408 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57.2, but if it comes above 57.2, then a intra day buy could be more profitable.
If you take a sell trade below 57.2, then use 57.2 as stoploss and 55.9 as target. However if you take a buy trade in stock , then use 57.2 as stoploss and 58.16 as target.

Share price targets for First Trust (NFTY)

Target Type	Value
Downside Target	56.08
Upside Target	58.70
Upside Target	59.51
Upside Target	59.75
Upside Target	61.00
Upside Target	61.61
Upside Target	63.49
Upside Target	64.90
Upside Target	65.90

Intraday share price targets for First Trust (NFTY)

Target Type	Value
Downside Intraday Target	56.19
Downside Intraday Target	55.79
Upside Intraday Target	56.88
Upside Intraday Target	57.17
Downside Intraday Target	56.48

Weekly technical analysis of First Trust (NFTY)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	56.59	56.68	56.77	56.08	0.478 times
20 Fri Dec 2024	56.87	58.61	58.73	56.23	1.112 times
13 Fri Dec 2024	58.84	59.26	59.51	58.70	5.498 times
26 Tue Nov 2024	58.89	59.25	59.25	58.88	0.457 times
26 Tue Nov 2024	58.89	59.53	59.75	58.88	0.119 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
24 Tue Dec 2024	56.59	59.26	59.51	56.08	0.308 times
26 Tue Nov 2024	58.89	60.11	61.00	57.11	1.338 times
31 Thu Oct 2024	60.30	64.87	64.90	59.51	1.965 times
30 Mon Sep 2024	64.84	63.02	65.90	61.61	0.524 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 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 First Trust ( (NFTY) ) 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 First Trust ( (NFTY) ) based on a mid to longer 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.

ADX buy sell signal for First Trust stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

First Trust 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 First Trust in short term but BUY 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 57.6 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 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.