Nifty Bank Index

banknifty Intraday (10-Jul-2024)

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The image displays a chart for the Nifty 50 index from the National Stock Exchange of India, showing intraday movements on a 15-minute time frame. The chart includes details such as:

Index Information: The Nifty 50 Index is shown at various prices, with the current price being 24,417.25, down by 16.80 points.

Technical Analysis: There's a 20-period Exponential Moving Average (EMA) indicated at 24,401.59.

Trading Recommendations:
-Buy Signal: A green arrow points upwards with a note to "Buy Above 24450" targeting an open position above 24,550.
-Sell Signal: A red arrow points downwards suggesting to "Sell Below 24375" with a target (Tgt) of 24,275 or lower.

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