#NIFTY Intraday Support and Resistance Levels - 03/06/2025

Nifty is expected to open flat near the 24700 mark, continuing its sideways trend from previous sessions. The index is currently hovering just below the key resistance zone of 24750–24800. A breakout above this level can trigger bullish momentum with upside targets of 24850, 24900, and 24950+. Sustained strength may push the index further toward the 25000–25050 area.

However, if Nifty fails to hold and breaks below 24700, it could lead to bearish pressure. A confirmed breakdown may open downside targets of 24650, 24600, and 24550. Further decline could test the next major support at 24500–24450 levels.

As the market remains range-bound, traders are advised to wait for breakout confirmation with strict stop-loss. Watch for volume and momentum near breakout zones to avoid false signals.