#NIFTY Intraday Support and Resistance Levels - 29/08/2025

Nifty is expected to open with a slight gap-up today, providing some relief to traders after yesterday’s weak close. The index is currently trading around the 24,500 zone, which will act as a crucial pivot level for the day. If Nifty sustains above 24,500–24,550, a recovery move may unfold with upside targets at 24,650, 24,700, and 24,750+. A sustained breakout above 24,750 will open the door for further bullish momentum and could extend the rally.

On the downside, if Nifty fails to hold the 24,500 mark and slips below 24,450, selling pressure may intensify. A breakdown here can push the index lower toward 24,350, 24,300, and 24,250 levels. Traders should closely watch intraday price action as volatility is likely to remain high, especially near these support and resistance zones.

Overall, Nifty’s trend remains slightly positive at open, but sustainability above 24,550 is the key for any meaningful upside. Traders should manage risk with strict stop losses and look for confirmation before entering trades.