Nifty Intraday Support & Resistance Levels for 12.07.2024
On Thursday, Nifty opened a gap-up inside the 15m supply zone mentioned in the last post and fell below 24,200 before recovering at the end. The weekly and daily trends (50 SMA) remain positive.
Support Levels:
Near support/demand zone (5m): 24,201 - 24,235
Major support/demand zone (75m) for weekly trade: 24,056 - 24,150
There is no major supply/resistance zone on the chart as of now.
Support Levels:
Near support/demand zone (5m): 24,201 - 24,235
Major support/demand zone (75m) for weekly trade: 24,056 - 24,150
There is no major supply/resistance zone on the chart as of now.
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