Nifty Intraday Support & Resistance Levels for 25.10.2024

On Thursday, Nifty opened flat, made a high of 24,480.65 and a low of 24,341.20 within the first hour of trading. The rest of the session saw Nifty move in a narrow range of 60-70 points, closing at 24,399.40, down 36 points from the previous close. The Weekly Trend (50 SMA) is sideways, while the Daily Trend (50 SMA) remains negative. The key Demand and Supply zones are unchanged from the previous post.

Nifty Demand/Support Zones:
Near Demand/Support Zone (Daily): 24,099.70 - 24,196.50
Near Demand/Support Zone (Weekly): 23,893.70 - 24,419.75
Far Demand/Support Zone (Daily): 23,350 - 23,667.10

Nifty Supply/Resistance Zones:
Near Supply/Resistance Zone (75m): 24,636.75 - 24,741.45
Near Supply/Resistance Zone (15m): 24,798.95 - 24,882
Far Supply/Resistance Zone (15m): 25,195.85 - 25,234.05
Far Supply/Resistance Zone (15m): 25,420 - 25,485.05
Far Supply/Resistance Zone (15m): 25,500.95 - 25,545