Nifty Futures (NIFTY1!) – Key Levels and Range View

Nifty Futures is currently trading in a broad range between the resistance near 25,100 and the support zone around 24,700. The price is showing sideways movement within this consolidation zone, as seen on the 15-minute chart.

📌 Key Levels:

Resistance (Res): ~25,100

Immediate Support (Sup): ~24,700

Lower Support (Sup): ~24,530

🔍 Observation:

The price has respected the upper resistance multiple times, indicating strong selling pressure around 25,100.

Support near 24,700 has been tested several times, indicating accumulation.

A breakout above resistance may trigger bullish momentum.

A breakdown below 24,700 may lead to further downside toward 24,530.

🎯 Trading Plan:

Wait for a breakout/rejection near resistance or support to take directional trades.

Stay cautious within the range; consider quick scalps with tight stop losses.

📅 Chart Timeframe: 15 Min
💡 Idea Type: Range-Bound Trading / Breakout Watch