NIFTY 30 MIN CHART Analysis 📊➖After Friday’s gap down opening, market spent the whole session in a tight range — showing clear indecision near important support zones.
👉Price is now trading near:
• Bull channel support
• 20 EMA Day TF
• 50 EMA Day TF
This creates a strong short-term support cluster.
👉Nifty Support Levels
24150–
24050 – EMA support cluster
23790 – Swing low support
👉Nifty Resistance Levels
24330 – Immediate resistance zone
24600 – Major supply zone
⚡️VIEW :-
• Market is still holding bullish structure as long as support cluster is defended
• If buyers defend this zone → pullback towards 24330+ possible
• Breakdown below EMA cluster can trigger faster downside towards swing low support
Right now this is a reaction zone, not a chase zone.
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Related publications
Disclaimer
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.