Nifty Bank Index

Banknifty Intraday (05-Jul-2024)

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-Date and Time: The chart covers intraday trading for July 3 and July 4, 2024.

-Price Data: It displays open, high, low, and close prices for each 15-minute interval.

-Exponential Moving Average (EMA): A 20-period EMA is plotted, which helps to determine the trend direction over these periods.

Trading Instructions:
-Buy Signal: An instruction to buy above 53,250 with a target of 53,600 or more.
-Sell Signal: An instruction to sell below 52,800 with a target of 52,400.

The annotations and arrows help to visually guide a trader on potential entry points for buying or selling based on the specified price levels.

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