Nifty Intraday Support & Resistance Levels for 26.11.2024

On Monday, Nifty opened with a massive gap-up of 346 points, breaking through the 75m and Daily Supply Zones. It touched a high of 24351.55 and a low of 24135.45 before closing at 24221.90, gaining 314 points from the previous close.

The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) has shifted from Negative to Sideways, signalling cautious optimism.

Demand/Support Zones
Near Demand/Support Zone (15m): 23856.15 - 23940.30
Near Demand/Support Zone (15m): 23661.75 - 23731.25
Far Demand/Support Zone (75m): 23447.15 - 23578.60
Near Support (61.8% FIBO): 23189.88
Far Demand/Support Zone (Daily): 22642.60 - 22910.15

Supply/Resistance Zones
Near Supply/Resistance Zone (75m): 24447.65 - 24537.60
Far Supply/Resistance Zone (Daily): 24567.65 - 24978.30 (inside Weekly Supply)
Far Supply/Resistance Zone (75m): 24636.75 - 24741.45 (inside Daily Supply)
Far Supply/Resistance Zone (Weekly): 24567.65 - 25234.05