NSE Nifty Daily Technical Analysis update

NSE Nifty Moving Averages - updated daily


This is an end of day chart of NSE Nifty moving averages updated on a daily basis with values as of previous trading day. The daily price movement of nifty is overlaid with 20 days and 50 days Weighted Moving Average (WMA).

How to interpret:

When the moving average of shorter term cuts the moving average of longer term from below, it indicates the start of a bull phase. Similarly when the shorter term moving average cuts the longer term moving average from above, it denotes the start of a bear phase.

Sensex Daily Technical Analysis update

BSE Sensex Moving Averages - updated daily


This is an end of day chart of BSE Sensex moving averages updated on a daily basis with values as of previous trading day. The daily price movement of Sensex is overlaid with 20 days and 50 days Weighted Moving Average (WMA).

How to interpret:

When the moving average of shorter term cuts the moving average of longer term from below, it indicates the start of a bull phase. Similarly when the shorter term moving average cuts the longer term moving average from above, it denotes the start of a bear phase.