Forecasts generated by Sigmanomics engine. Not financial advice.
→ SETUP
The NIFTY 50 (^NSEI) is a market index covered by the Sigmanomics analytics platform. The ^NSEI index closed at 23,790.00 on June 23, 2026, reflecting a decline of 1.22% from the previous close of 24,084.35.
→ WHAT'S DRIVING IT
Over the past 30 days, the index has experienced a modest uptrend with a rally of 1.73%, ranging between 23,073.35 and 24,187.35. The price currently trades above its 20-day moving average of 23,646.24. The 14-day RSI stands at 51.0, in neutral territory, indicating balanced momentum.
→ THE RISK
Over the same 30-day window, daily-return volatility was 0.73%, reflecting subdued price variability for this index.
→ WHAT WE'RE WATCHING NEXT
Daily-return volatility of 0.73% is subdued for this index, leaving recent ranges compressed — watch for a decisive break of the band as the more telling development. ^NSEI is currently trading 0.61% above its 20-day moving average. Its 14-day RSI reads 51.0, currently in neutral territory.
Auto-generated from Sigmanomics market data. Last update Jun 2026.
Sigmacast forecasts span six horizons — 30-minute, 1-hour, 2-hour, 4-hour, 12-hour, and daily — refreshed continuously as new bars arrive.