Nifty 50 Index

Nifty Intraday Support & Resistance Levels for 14.08.2024

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On Tuesday, Nifty opened flat but slipped below the previous day's low, ending the session at 24139 with a loss of 208 points. The weekly trend (50 SMA) remains positive, while the daily trend (50 SMA) is sideways.

Support Levels:
Near Demand/Support Zone (15m): 24079 - 24118 (tested yesterday)
Near Demand/Support Zone (75m) for Weekly Trade: 23960 - 24077
Major Demand/Support Zone (Daily): 23350 - 23667

Resistance Levels:
Near Supply/Resistance Zone (30m): 24268 - 24330
Far Supply/Resistance Zone (75m): 24381 - 24444
Far Supply/Resistance Zone (30m): 24686 - 24745
Far Supply/Resistance Zone (75m): 24754 - 24835

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