Price Levels: The Bank Nifty is trading at 52,630.15, with the high and low for the session being 52,746.50 and 52,599.25, respectively.
Exponential Moving Average (EMA): A 20-period EMA is plotted on the chart with a value of 52,387.34.
Support and Resistance Levels: The chart displays several horizontal lines indicating key levels:
52,671.65
52,500.75
52,028.45
Trading Signals:
Buy Signal: "Buy Above 52,800; Target 53,250+" indicated by a green arrow pointing upward.
Sell Signal: "Sell Below 52,450; Target 52,000-" indicated by a red arrow pointing downward.
No Trade Zone: A highlighted area labeled "No Trade Zone" between the levels of 52,500.75 and 52,671.65 suggests that no trades should be taken within this range.
The chart is likely used for intraday trading strategies, providing specific levels to enter buy or sell positions based on the Bank Nifty's price movements.
Exponential Moving Average (EMA): A 20-period EMA is plotted on the chart with a value of 52,387.34.
Support and Resistance Levels: The chart displays several horizontal lines indicating key levels:
52,671.65
52,500.75
52,028.45
Trading Signals:
Buy Signal: "Buy Above 52,800; Target 53,250+" indicated by a green arrow pointing upward.
Sell Signal: "Sell Below 52,450; Target 52,000-" indicated by a red arrow pointing downward.
No Trade Zone: A highlighted area labeled "No Trade Zone" between the levels of 52,500.75 and 52,671.65 suggests that no trades should be taken within this range.
The chart is likely used for intraday trading strategies, providing specific levels to enter buy or sell positions based on the Bank Nifty's price movements.
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.
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.