Nifty Intraday Support & Resistance Levels for 19.07.2024
On Thursday, Nifty took support exactly at the 15m demand zone (24485 - 24516) mentioned in the last post, broke the previous high, and made a new all-time high of 24837.75 before closing at 24800.85. The weekly (50 SMA) and daily trends (50 SMA) are now overbought.
Support Levels:
Near support/demand zone (30m): 24599 - 24648
Far support/demand zone (30m): 24504 - 24560
Major support/demand zone (125m) for weekly trade: 24193 - 24357
Major support/demand zone (Daily): 24141 - 24461
There is currently no supply/resistance zone seen on the chart.
Support Levels:
Near support/demand zone (30m): 24599 - 24648
Far support/demand zone (30m): 24504 - 24560
Major support/demand zone (125m) for weekly trade: 24193 - 24357
Major support/demand zone (Daily): 24141 - 24461
There is currently no supply/resistance zone seen on the chart.
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