#NIFTY Intraday Support and Resistance Levels - 05/09/2025

Nifty is likely to witness a slightly gap up opening, indicating a positive start to the session. The index has been consolidating in a narrow range, and today’s price action will be crucial for a directional move.

On the upside, if Nifty sustains above 24,700–24,750, it may trigger a bullish momentum. Traders can look for long opportunities in this zone with potential targets at 24,850, 24,900, and 24,950+. A breakout above 24,950 could further extend the rally, strengthening the upward bias.

On the downside, weakness may emerge if Nifty slips below the 24,700 level. A sustained move below this support could open the gates for a short opportunity, with downside targets at 24,650, 24,600, and 24,500. These levels will act as strong intraday supports and need to be watched closely.

Overall, with a slightly gap up opening, Nifty remains in a neutral-to-positive zone. A breakout above 24,750 will favor the bulls, while a fall below 24,700 may hand over control to the bears. Traders should remain cautious, trade with confirmation, and maintain proper stop-loss levels.