. Nifty 50 Index (NSE) - Daily Data (May 26, 2025)
- Open (O): 24,980.60
- High (H): 25,019.65
- Low (L): 24,967.85
- Close (C): 24,996.35
- Change: +14.45 (+0.08%)
- Key Observation: The index showed minimal movement, closing slightly higher with a narrow range between high and low, indicating low volatility for the day.
2. 30-Day Moving Averages (DMA)
- 30 DMA (Close): 23,802.85
- Another DMA Value: 24,400.28 (likely a different period or type, e.g., 50 DMA)
- Key Observation: The current close (24,996.35) is above both DMA values, suggesting a bullish trend in the medium term.
3. "PQINT" Table (Purpose Unclear)
- The table lists repeated values (e.g., 24,000.00 appears multiple times) alongside other numbers (e.g., 26,400.00, 28,000.00).
- Possible Interpretations:
- Support/Resistance Levels: The repeated 24,000.00 could indicate a strong support zone.
- Placeholder Data: If the table is incomplete, it might represent target prices or historical data.
4. Month Labels (Nov to Sep)
- These could correspond to futures contracts, expiry months, or a timeline for analysis. The lack of accompanying data makes this section ambiguous.
### Key Takeaways:
- The Nifty 50 is trading above its 30 DMA, signaling bullish momentum.
- The "PQINT" table’s repeated 24,000.00 level may hint at a critical support area.
- Further context is needed for the table and month labels to provide a deeper analysis.
- Open (O): 24,980.60
- High (H): 25,019.65
- Low (L): 24,967.85
- Close (C): 24,996.35
- Change: +14.45 (+0.08%)
- Key Observation: The index showed minimal movement, closing slightly higher with a narrow range between high and low, indicating low volatility for the day.
2. 30-Day Moving Averages (DMA)
- 30 DMA (Close): 23,802.85
- Another DMA Value: 24,400.28 (likely a different period or type, e.g., 50 DMA)
- Key Observation: The current close (24,996.35) is above both DMA values, suggesting a bullish trend in the medium term.
3. "PQINT" Table (Purpose Unclear)
- The table lists repeated values (e.g., 24,000.00 appears multiple times) alongside other numbers (e.g., 26,400.00, 28,000.00).
- Possible Interpretations:
- Support/Resistance Levels: The repeated 24,000.00 could indicate a strong support zone.
- Placeholder Data: If the table is incomplete, it might represent target prices or historical data.
4. Month Labels (Nov to Sep)
- These could correspond to futures contracts, expiry months, or a timeline for analysis. The lack of accompanying data makes this section ambiguous.
### Key Takeaways:
- The Nifty 50 is trading above its 30 DMA, signaling bullish momentum.
- The "PQINT" table’s repeated 24,000.00 level may hint at a critical support area.
- Further context is needed for the table and month labels to provide a deeper analysis.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.