Nifty 50 Daily Analysis — 2026-08-11
Session: ClosingLatest
- Close
- 24,471.70
- Change
- -0.46%
- 1W Change
- -0.58%
- 20D Change
- 1.75%
- EMA20
- 24,351.88
- EMA50
- 24,161.77
- EMA200
- 24,457.62
- RSI (14)
- 56.1
- ATR (14)
- 204.03
- Volatility (20D)
- 10.23%
- Distance from 20D High
- -1.22%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 15.52
- US10Y
- 4.70%
- DXY
- 99.85
The index closed slightly lower, showing mild weakness after a recent uptrend.
Market Drivers
The move is driven by profit-taking and cautious sentiment, with no major catalysts.
Trend Interpretation
Price remains above key short-term and medium-term averages, but below the long-term average, indicating a mixed trend with short-term momentum turning slightly negative.
Risk Factors
Key risks include a potential break below the medium-term average, which could signal a deeper correction, and rising volatility.
Bullish
In a bullish scenario, the index could resume its uptrend if buying interest returns, supported by a stable global backdrop.
Neutral
A neutral scenario would see the index consolidating within a range, with alternating gains and losses as investors await fresh triggers.
Risk
In a risk scenario, a sustained decline could lead to a test of lower support levels, with sentiment turning defensive.