Price Levels: The Nifty is trading at 23,721.90, with the high and low for the session being 23,754.15 and 23,715.30, respectively.
Exponential Moving Average (EMA): A 20-period EMA is plotted on the chart with a value of 23,656.26.
Support and Resistance Levels: The chart displays several horizontal lines indicating key levels:
23,731.65
23,665.85
23,570.05
23,385.50
Trading Signals:
Buy Signal: "Buy Above 23,750; Target Open for 24,000" indicated by a green arrow pointing upward.
Sell Signal: "Sell Below 23,665; Target 23,500" indicated by a red arrow pointing downward.
The chart is likely used for intraday trading strategies, providing specific levels to enter buy or sell positions based on the Nifty 50's price movements.
Exponential Moving Average (EMA): A 20-period EMA is plotted on the chart with a value of 23,656.26.
Support and Resistance Levels: The chart displays several horizontal lines indicating key levels:
23,731.65
23,665.85
23,570.05
23,385.50
Trading Signals:
Buy Signal: "Buy Above 23,750; Target Open for 24,000" indicated by a green arrow pointing upward.
Sell Signal: "Sell Below 23,665; Target 23,500" indicated by a red arrow pointing downward.
The chart is likely used for intraday trading strategies, providing specific levels to enter buy or sell positions based on the Nifty 50'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.