On Tuesday, Nifty broke through the small resistance zone and made a new all-time high of 24,443.60, closing above 24,400 for the first time. The weekly trend (50 SMA) is now overbought, and the daily trend (50 SMA) remains positive.
Support Levels:
Near Support/Demand Zone (5m): 24,382 - 24,400
Far Support/Demand Zone (5m): 24,204.20 - 24,222.65
Support/Demand Zone (75m) for Weekly Trade: 24,056 - 24,150
As of now, there is no resistance zone seen on the chart.
Support Levels:
Near Support/Demand Zone (5m): 24,382 - 24,400
Far Support/Demand Zone (5m): 24,204.20 - 24,222.65
Support/Demand Zone (75m) for Weekly Trade: 24,056 - 24,150
As of now, there is no resistance zone seen on the chart.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.