Nifty Intraday Support & Resistance Levels for 01.10.2024On Monday, Nifty opened gap down and continued to face selling pressure, breaking the 75-minute support zones mentioned in the previous post. It closed at 25,810.80, losing 368 points from the previous close. Both the Weekly and Daily Trends (50 SMA) have turned from overbought to positive.
Demand/Support Zones:
Near Demand/Support Zone (Daily): 25,285.55 - 25,611.95
Near Demand/Support Zone (125 min): 25,376.05 - 25,453.70
Far Demand/Support Zone (Daily): 24,753.15 - 25,130.50
Supply/Resistance Zones:
Near Supply/Resistance Zone (30 min): 25,943.15 - 25,995.00
Far Supply/Resistance Zone (125 min): 26,151.40 - 26,230.80
Niftydemandsupply
Nifty Intraday Support & Resistance Levels for 30.09.2024On Friday, Nifty opened with a gap up, hitting a new all-time high of 26,277.35. However, some profit booking led to a drop of 125 points from the top, with Nifty closing at 26,178.95, losing 37 points from the previous close. Both the Weekly and Daily Trends (50 SMA) remain overbought.
Demand/Support Zones:
Near Demand/Support Zone (75 min): 26,035.65 - 26,113.95
Far Minor Demand/Support Zone (15 min): 25,923 - 25,948.85
Far Demand/Support Zone (75 min): 25,871.35 - 25,902.30
Far Demand/Support Zone (Daily): 25,285.55 - 25,611.95
Supply/Resistance Zones:
No supply/resistance zones visible on the chart currently.
Nifty Intraday Support & Resistance Levels for 27.09.2024On Thursday, Nifty hit a new all-time high of 26,250.90 and closed at 26,216.05, gaining 211 points from the previous close. Both the Weekly and Daily Trends (50 SMA) are in overbought territory.
Demand/Support Zones:
Near Demand/Support Zone (5 min): 26,098.05 - 26,112.70
Near Demand/Support Zone (30 min): 24,923.00 - 24,949.65
Far Demand/Support Zone (30 min): 25,875.35 - 25,899.45
Far Demand/Support Zone (75 min): 25,376.05 - 25,467.65
Far Demand/Support Zone (Daily): 24,753.15 - 25,130.50
Supply/Resistance Zones:
No supply/resistance zones currently visible on the chart.
Nifty Intraday Support & Resistance Levels for 26.09.2024On Wednesday, Nifty opened with a gap down, touched a low of 25,871.35, but recovered by the end of the session, making a new all-time high of 26,032.80. It closed at 26,004.15, gaining 63 points over the previous close. The Weekly Trend (50 SMA) is overbought, and the Daily Trend (50 SMA) has also turned from positive to overbought.
Demand/Support Zones:
Near Demand/Support Zone (30 min): 24,923 - 24,949.65
Far Demand/Support Zone (30 min): 25,875.35 - 25,899.45
Far Demand/Support Zone (75 min): 25,376.05 - 25,467.65
Far Demand/Support Zone (Daily): 24,753.15 - 25,130.50
Far Demand/Support Zone (75 min): 24,941.45 - 25,036.75
Supply/Resistance Zones:
No visible supply/resistance zones on the chart at the moment.
NIFTY ANALYSIS FOR WEEK FOLLOWING 17th APRIL 2023Nifty Zones
Zones Above - 17842-856, 17904-922, 18016-034, 18120-134, 18184-201, 18238-250
Zones Below - 17799.95, 17727-17739, 17651-17665, 17502-535, 17315-330
Nifty seems to be very strong as per today's close, few sectors are supporting Nifty strongly, although most of the sectors are over bought, but price action suggests otherwise
NIFTY ANALYSIS FOR 20 JANUARY 2023Nifty has formed a Bearish Harami pattern on Daily time frame, if it breaks todays low 18063, 150 pts down move is clearly expected with in a day or two.
Nifty Levels Above - 18161-183, 18238-250, 18300-318
Nifty Levels Below - 18038-052, 17926-948, 18876-853, 17778-764
Nifty will behave similarly volatile till it remains between 18265-17747