On Wednesday, Nifty opened with a gap down, touched a low of 25,871.35, but recovered by the end of the session, making a new all-time high of 26,032.80. It closed at 26,004.15, gaining 63 points over the previous close. The Weekly Trend (50 SMA) is overbought, and the Daily Trend (50 SMA) has also turned from positive to overbought.
Demand/Support Zones:
Near Demand/Support Zone (30 min): 24,923 - 24,949.65
Far Demand/Support Zone (30 min): 25,875.35 - 25,899.45
Far Demand/Support Zone (75 min): 25,376.05 - 25,467.65
Far Demand/Support Zone (Daily): 24,753.15 - 25,130.50
Far Demand/Support Zone (75 min): 24,941.45 - 25,036.75
Supply/Resistance Zones:
No visible supply/resistance zones on the chart at the moment.
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