The image displays a 30-minute intraday chart for the Bank Nifty index. Here are the key details:
Date: The data is for July 11, 2024.
Index Levels: The Bank Nifty index is shown at a closing price of 52,217.30, up by 42.90 points.
Technical Analysis Features:
EMA: The chart includes a 20-period Exponential Moving Average (EMA) shown at 52,266.22.
Fibonacci Retracement Levels: Notable Fibonacci retracement levels from recent peaks and troughs are marked, with specific levels labeled such as 0.751, 0.799, 0.94, and 1.003.
Trading Signals:
-Buy Signal: A green arrow suggests buying above 52,350 with a target of 53,700+.
-Sell Signal: A red arrow indicates selling below 52,000 with a target of 52,000 or lower.
Date: The data is for July 11, 2024.
Index Levels: The Bank Nifty index is shown at a closing price of 52,217.30, up by 42.90 points.
Technical Analysis Features:
EMA: The chart includes a 20-period Exponential Moving Average (EMA) shown at 52,266.22.
Fibonacci Retracement Levels: Notable Fibonacci retracement levels from recent peaks and troughs are marked, with specific levels labeled such as 0.751, 0.799, 0.94, and 1.003.
Trading Signals:
-Buy Signal: A green arrow suggests buying above 52,350 with a target of 53,700+.
-Sell Signal: A red arrow indicates selling below 52,000 with a target of 52,000 or lower.
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.