nifty 50 analysis

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INDICATOR VALUE ANALYSIS
Trendlyne Momentum Score 40.6
Score is 41, stock is technically neutral. Stocks with score above 70 are considered as technically Strong and below 35 are considered weak.
The Trendlyne Momentum Score combines over 20 key technical indicators to calculate the stock's technical strength in the market. The momentum score is recalculated at the end of trading day between 5pm and 7pm on most days.
RSI(14) 46.4 RSI is mid-range
RSI is 46.4, RSI below 30 is considered oversold and above 70 overbought
MFI 45.7 MFI is mid-range
MFI is 45.7, MFI below 30 is considered oversold and above 70 overbought
MACD(12, 26, 9) -276.5 MACD below Signal and Center
MACD Signal -274.8
MACD is below its Signal and Center Line, this is a strong bearish indicator
market is at 16620.50 is in zone
strongest resistance is 16656
support is at 16580
entry buy is 16630
entyselling is 16570 and aggresive selling is 16500 target is 16300