India Nifty 50 Equal Weight (NFTY) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for NFTY · data as of Jul 30, 2026. The chart above is live; the read below updates daily.

$54.61last close · Jul 30, 202652-week range $49.62 – $60.70 · 10.03% below the high
Symmetrical Triangle · playing out now

NFTY just broke higher out of a symmetrical triangle — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

As long as price stays above $52.23, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $56.68 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

NFTY Triangle Pattern

NFTY is currently forming a triangle on the daily timeframe. Detected Jul 30, 2026.

DirectionBullishTarget$56.68Projected move+5.7%Breakout level$53.73

New to this pattern? What a triangle is and how to trade it →

How Triangles Have Performed

Win rate
51.8%
Avg return
+0.35R
Backtested trades
9,957
NFTY win rate
28.6%

Historical pattern statistics (2006-07-31 – 2026-07-31), not a prediction.

How these backtests work →

NFTY Pattern Trade History

Every completed pattern trade our nightly backtest found on NFTY's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleJun 3, 2026 @ $52.73Jun 16, 2026 @ $54.10Loss-1.04R
TriangleDec 2, 2025 @ $58.56Jan 21, 2026 @ $55.79Win+2.93R
Rising WedgeJun 13, 2025 @ $58.17Jun 26, 2025 @ $60.08Loss-1.23R
TriangleMay 20, 2024 @ $57.66Jun 20, 2024 @ $59.48Win+0.92R
Rising WedgeAug 1, 2023 @ $48.52Aug 2, 2023 @ $47.37Win+2.77R
Falling WedgeApr 10, 2023 @ $42.93Jun 23, 2023 @ $46.30Win+1.76R
TriangleOct 12, 2021 @ $50.32Oct 29, 2021 @ $48.59Loss-1.31R
Falling WedgeApr 28, 2021 @ $42.22Jun 11, 2021 @ $46.05Win+1.67R
Rising WedgeAug 12, 2020 @ $30.88Aug 31, 2020 @ $31.80Win+0.76R
TriangleJan 13, 2020 @ $35.95Jan 31, 2020 @ $33.96Loss-1.18R
TriangleJan 3, 2020 @ $35.17Jan 15, 2020 @ $35.81Loss-1.02R
TriangleApr 23, 2015 @ $40.57May 5, 2015 @ $40.22Loss-0.14R

Recent Triangles on Other Charts

EFAstopped −3.4%Jul 30, 2026MAShit target +6.3%Jul 30, 2026MOstopped −8.3%Jul 30, 2026VRSKhit target +10.3%Jul 30, 2026

Learn about triangle

NFTY Support and Resistance Levels

Price is bouncing off a floor near $52.25 and starting to climb. On the weekly chart, the next ceiling overhead sits near $62.81 — about 15% away.

  • Traders commonly watch $62.81 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $52.25 floor about a week ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $51.15, resistance near $60.76. These are chart/swing-derived levels, not formula pivots.

Resistance
$60.76$62.81
Support
$51.15

NFTY Recent Daily Prices

DateOpenHighLowClose
Jul 30, 2026$54.80$54.90$54.46$54.61
Jul 29, 2026$54.48$54.48$54.01$54.23
Jul 28, 2026$54.05$54.62$54.05$54.49
Jul 27, 2026$53.67$53.86$53.44$53.86
Jul 24, 2026$52.83$53.29$52.67$52.76
Jul 23, 2026$52.53$52.72$52.23$52.50
Jul 22, 2026$53.21$53.39$52.75$52.95
Jul 21, 2026$53.46$53.58$53.32$53.55
Jul 20, 2026$53.67$53.94$53.22$53.48
Jul 17, 2026$53.44$53.59$53.31$53.40

NFTY Frequently Asked Questions

What chart pattern is NFTY forming right now?
As of Jul 30, 2026, TradingPal's detector identifies a triangle on India Nifty 50 Equal Weight (NFTY) on the daily chart, with a measured-move target of $56.68.
Is a triangle bullish or bearish?
The triangle detected on NFTY is a bullish pattern, projecting a measured-move target of $56.68. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (9,957 trades over 631 symbols), it resolved in the expected direction 51.8% of the time with an average of +0.35R. These are historical statistics, not a prediction.
What are the support and resistance levels for NFTY?
Based on auto-detected, swing-derived levels (as of Jul 30, 2026), NFTY's nearest support is around $51.15 and nearest resistance around $60.76.
What is the price target if NFTY's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $56.68 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was NFTY's closing price on Jul 30, 2026?
India Nifty 50 Equal Weight (NFTY) last closed at $54.61 on Jul 30, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.