On Monday, Nifty opened with a gap up, hitting a new all-time high of 25333.65, which was also the open and high for the day, before closing at 25278.70. The weekly trend (50 SMA) is overbought, while the daily trend (50 SMA) remains positive.
Support Levels:
Near Minor Demand/Support Zone (30m): 25117 - 25165
Near Demand/Support Zone (15m): 25003 - 25047
Near Demand/Support Zone (Daily): 24771 - 24859
Near Demand/Support Zone (125m) for Weekly Trade: 24543 - 24605
Far Demand/Support Zone (75m) for Weekly Trade: 24204 - 24340
As of now, there are no supply zones visible on the chart.
Support Levels:
Near Minor Demand/Support Zone (30m): 25117 - 25165
Near Demand/Support Zone (15m): 25003 - 25047
Near Demand/Support Zone (Daily): 24771 - 24859
Near Demand/Support Zone (125m) for Weekly Trade: 24543 - 24605
Far Demand/Support Zone (75m) for Weekly Trade: 24204 - 24340
As of now, there are no supply zones visible on the chart.
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