


Technical Sentiment Analysis for First Trust India Nifty 50 Equal Weight ETF (NFTY). As of 2026-03-25, First Trust India Nifty 50 Equal Weight ETF (NFTY) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 4 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for NFTY stands at 29.07, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -1.46, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 12.97 and the Commodity Channel Index (CCI) at -121.42 further confirm a -2.97 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, NFTY is trading below its 60-day moving average of $56.43 and below its 200-day long-term moving average of $57.8. Key price levels to watch include the immediate resistance at $53.64 and strong support at $51.14. A break above $53.64 could signal a bull continuation, while falling below $51.14 may test the next Fibonacci floor at $49.88.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 48.63 | 49.88 | 51.14 | 52.39 | 53.64 | 54.89 | 56.15 |
| Fibonacci | 49.88 | 50.84 | 51.43 | 52.39 | 53.34 | 53.93 | 54.89 |
2026-03-25
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 29.07 |
| Stochastic Oscillator | 12.97 |
| Stochastic RSI | 14.57 |
| Commodity Channel Index (CCI) | -121.42 |
| Awesome Oscillator | -3.86 |
| Momentum | -2.97 |
| MACD | -1.46 |
2026-03-25
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 51.75 | Sell |
| 10-Day | 52.39 | Sell |
| 20-Day | 53.98 | Sell |
| 60-Day | 56.43 | Sell |
| 200-Day | 57.8 | Sell |
| 250-Day | 57.67 | Sell |