NFTY Stock Analysis: Buy, Sell, or Hold?

NFTY - First Trust India Nifty 50 Equal Weight ETF

$56.21
0.11 (0.20%) ▲
5d: +0.86%
30d: -2.87%
90d: -5.46%
BUY
MODERATE Confidence
Last Updated: January 30, 2026

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Interactive Price Chart (1 Month)

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💡
Bottom Line:
💡 BUY OPPORTUNITY: NFTY shows positive signals but monitor for confirmation. Moderate conviction.

In-depth Analysis How we analyze

Valuation Analysis: NFTY is currently trading at $56.20, which is considered oversold relative to its 30-day fair value range of $56.28 to $58.39.

Technical Outlook: Technically, NFTY is in a downtrend. The price is currently testing key support at $55.36. A bounce from this level would confirm strength, while a break below could signal further downside.

Market Sentiment: NFTY has a weak technical setup (25/100), with bearish trendlines and momentum suggesting caution for short-term entries. In the options market, Implied Volatility is low (0th percentile), suggesting options premiums are relatively cheap. This makes it an attractive time for long options strategies if you have a directional bias. Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.

Quick Decision Summary

Current Position OVERSOLD
Fair Price Range $56.28 - $58.39
Company Quality Score 55/100 (HOLD)
Volume Confirmation HIGH
Confidence Score 63.6%

All Signals

  • BULLISH: Price oversold vs 30-day range
  • BULLISH: Options cheap (IV 0th percentile)
  • BEARISH: Weak technical setup (25/100)
  • BULLISH: High volume confirmation

Fair Price Analysis

30-Day Fair Range $56.28 - $58.39
Current vs Fair Value OVERSOLD
Expected Move (7 Days) ±$2.17 (3.9%)

Support & Resistance Levels

Support Level $55.36
Resistance Level $57.60
Current Trend Downtrend
Last updated: February 02, 2026 2:41 AM ET
Data refreshes hourly during market hours. Next update: 3:41 AM
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