Nifty Intraday Support & Resistance Levels for 08.07.2024

On Friday, Nifty opened gap-down but found support at the gap level (24,123 - 24,207) and bounced back to close with a gain of 22 points at 24,323.85. The weekly and daily trends (50 SMA) remain positive.

Support Levels:
Near Small Support/Demand Zone (15m): 24,204 - 24,244
Far Support/Demand Zone (30m) in the Gap Level: 24,110 - 24,148
Support/Demand Zone (75m) for Weekly Trade: 24,056 - 24,150
Major Support/Demand Zone (Daily): 23,350 - 23,667
In the coming days, the 24,000 - 24,200 range will be a major support in the short term.

Resistance Levels:
Near Small Supply/Resistance Zone (30m): 24,372 - 24,401