Nifty Intraday Support & Resistance Levels for 24.07.2024
On Tuesday, during a highly volatile budget session trading day, Nifty broke the major daily support zone, making a low of 24074.20 before closing just 30 points down at 24479.05. If yesterday's low is not held, the next major support zone is at 23667 on the daily chart. The weekly and daily trends (50 SMA) remain positive.
Support Levels:
Near minor support/demand zone (15m): 24278 - 24362
Major support/demand zone (75m): 24056 - 24150 (already tested yesterday)
Major support/demand zone (Daily): 23350 - 23667
Resistance Levels:
Near supply/resistance zone (75m) for weekly trade: 24607 - 24674
Far supply/resistance zone (15m): 24741 - 24774
Support Levels:
Near minor support/demand zone (15m): 24278 - 24362
Major support/demand zone (75m): 24056 - 24150 (already tested yesterday)
Major support/demand zone (Daily): 23350 - 23667
Resistance Levels:
Near supply/resistance zone (75m) for weekly trade: 24607 - 24674
Far supply/resistance zone (15m): 24741 - 24774
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