On Monday, Nifty dropped significantly, closing 662 points negative. The weekly trend (50 SMA) remains positive, but the daily trend (50 SMA) has turned sideways.
Support Levels:
Major demand/support zone (Daily): 23350 - 23667
Resistance Levels:
Near Supply/Resistance zone (15m): 24256 - 24338
Far Supply/Resistance Zone (75m): 24754 - 24835
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