Nifty 50 Index (NSE) current value of 25,470.25, up 0.22% (+55.70 points).
Key observations:
Trend: The index is in an upward trend, supported by a rising trendline since early 2025. The price recently approached the upper resistance level near 26,200.00 INR.
Moving Averages: The 50-day EMA (red line) and 200-day EMA (blue line) indicate a bullish trend, with the price staying above both averages.
Volume: Trading volume has fluctuated, with notable spikes during price increases, suggesting strong buying interest.
Resistance/Support: The 25,461.00 INR level acts as a resistance, while the trendline provides dynamic support around 24,500-24,700 INR.
The index shows continued bullish momentum, with potential to test higher resistance levels if it breaks above 25,461.00 INR.
So, here always ready with your EXIT plan. I am using trailing stop loss 10 EMA plan.
Key observations:
Trend: The index is in an upward trend, supported by a rising trendline since early 2025. The price recently approached the upper resistance level near 26,200.00 INR.
Moving Averages: The 50-day EMA (red line) and 200-day EMA (blue line) indicate a bullish trend, with the price staying above both averages.
Volume: Trading volume has fluctuated, with notable spikes during price increases, suggesting strong buying interest.
Resistance/Support: The 25,461.00 INR level acts as a resistance, while the trendline provides dynamic support around 24,500-24,700 INR.
The index shows continued bullish momentum, with potential to test higher resistance levels if it breaks above 25,461.00 INR.
So, here always ready with your EXIT plan. I am using trailing stop loss 10 EMA plan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.