NIFTY IT breached the highs of past 5 days - 15065 to act as intraday resistance.
NIFTY IT is trading above short term and medium term Moving Averages. Bullish
NIFTY IT Japanese Candlestick Analysis:
NIFTY IT is trading near the middle of the day's range.
Higher High and Higher Low compared to previous day. Bullish
Day's Range: 14741.70 ~ 14913.80
NIFTY IT opened at 14810.40 compared to previous close of 14840.95
2018-12-14 was NR7 day. NR7 day after a trending move usually implies loss of momentum in trend. Range expansion is likely after NR7 day.
1 candlestick pattern: The candlestick pattern formed is similar to a Doji Candle. Bullish Doji
2 candlestick pattern: none
3 candlestick pattern: none
Pivot, Support and Resistance:
*pivot points are calculated based on the closing data of 2018-12-14
NIFTY IT Volume and Moving Average Analysis:
Day's Range (.)
20 Day Range (.)
50 Day Range (.)
52-Week Range (.)
20-Day SMA: 14,529.6
20-Day average volume: 47,425,550
NIFTY IT has average daily volume of 47,425,550 compared to today's volume of 41,392,000. It is currently trading Above 20 day simple moving average.
50-Day SMA: 14,616.0
50-Day average volume: 50,470,220
It is currently trading about 9% below it's 52-week high.
Disclaimer: This tool is designed for educational purpose only. Please consult your financial advisor before making any investing or trading decision. The site does not take any resposibility for any profit or loss.
What is Technical Stocks Analysis?
Technical Analysis is the study of …
NiftyTrader Technical Stocks Analysis is based on the following:
Stock Momentum Study
Stock Moving Averages
Breakout and Breakdown based on Average Daily Volume
Japanese Candlestick Pattern Recognition of high-potential candlestick patterns
Intraday Sentiment among Traders and Investors
52-week high low summary
NiftyTrader Fundamental Stocks Analysis provide the following study of a particular stock: