NIFTY INTRADAY ANALYSIS FOR 29/08/2024

BUY ABOVE - 25080
SL - 25030
TARGETS - 25130,25200,25260

SELL BELOW - 25030
SL - 25080
TARGETS - 24970,24900,24850

NO TRADE ZONE - 25030 to 25080

Previous Day High - 25130
Previous Day Low - 24970

Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.

Please NOTE: this levels are for intraday trading only.

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