On Monday, Nifty opened gap up and made a new all-time high of 24999.75, followed by a fall of over 200 points from the top before closing at 24836.10. The weekly trend (50 SMA) is overbought, and the daily trend (50 SMA) remains positive.
Support Levels: Near Demand/Support Zone (15m): 24711 - 24734 Near Demand/Support Zone (30m): 24624 - 24657 Major Demand/Support Zone (125m): 24296 - 24426
Resistance Levels: Near small Supply/Resistance Zone (15m): 24974 - 25000
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.