As of December 29, 2024, the NIFTY 50 index closed at 23,813.40, reflecting a 0.27% increase from the previous close.
Technical analysis indicates the following support and resistance levels:
Immediate Support: 23,807
Immediate Resistance: 23,945.25
Short-term Support: 23,726.44
Short-term Resistance: 24,288.03
Medium-term Support: 23,500–23,640
Medium-term Resistance: 24,150
These levels suggest that if the index declines, it may find support around 23,807, potentially preventing further decreases. Conversely, if the index rises, it may encounter resistance near 23,945, which could impede further gains.
Please note that market conditions can change rapidly. For the most current information, it's advisable to consult real-time data sources or financial advisors.
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