Noor Trends News, Technical Analysis, Educational Tools and Recommendations
The index pushed to a record high at 48,089.
Technical outlook
- 50-SMA (4H): Trending beneath price, reinforcing the uptrend as dynamic support.
- RSI: Remains constructive, signaling scope for further upside.
Base case (bullish continuation)
- A clean break/hold above 48,090 would likely extend gains toward 48,300, then 48,470.
Alternative / pullback
- A drop back below 47,800 would raise odds of a corrective dip toward 47,630 initial support.
Risk note
Volatility is elevated and may be disproportionate to potential returns. Use prudent sizing and firm stops; reassess quickly if these levels give way.
Trading in CFDs involves risks, and therefore all scenarios are subject to potential outcomes. The analysis provided above is not a recommendation to buy or sell but rather an illustrative reading of price action on the chart.
| S1: 47630 | R1: 48305 |
| S2: 47185 | R2: 48535 |
| S3: 46955 | R3: 48980 |
