Nifty continued its upward journey and closed above 24,000, making a new all-time high of 24,087.45. Both the weekly and daily trends (50 SMA) are positive. Keep an eye on the supporting trendline in the 15-minute chart; any red candle below the trendline may trigger selling pressure.
Support Levels:
Near Small Support/Demand Zone (15m): 23,716 - 23,743
Near Support/Demand Zone (75m) for Weekly Trade: 23,671 - 23,754
Major Support/Demand Zone (Daily): 23,350 - 23,667
Currently, there is no supply zone seen on the chart.
Support Levels:
Near Small Support/Demand Zone (15m): 23,716 - 23,743
Near Support/Demand Zone (75m) for Weekly Trade: 23,671 - 23,754
Major Support/Demand Zone (Daily): 23,350 - 23,667
Currently, there is no supply zone seen on the chart.
