Nifty Intraday Support & Resistance Levels for 04.11.2024
On Friday, Nifty opened with a gap up, landing in the 15m Supply Zone, hitting a high of 24,368.25 before dropping to a low of 24,280.20. It closed at 24,304.35, gaining 99 points over the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) is still negative.
Demand/Support Zones
Near Demand/Support (15m): 24,073.90 - 24,099.10
Near Demand/Support (Weekly): 23,893.70 - 24,419.75 (tested)
Far Demand/Support (Daily): 23,350 - 23,667.10
Supply/Resistance Zones
Near Supply/Resistance (5m): 24,463.10 - 24,498.20
Near Supply/Resistance (15m): 24,522.25 - 24,583.50
Near Supply/Resistance (75m): 24,636.75 - 24,741.45
Near Supply/Resistance (Daily): 24,664.95 - 24,978.30
Demand/Support Zones
Near Demand/Support (15m): 24,073.90 - 24,099.10
Near Demand/Support (Weekly): 23,893.70 - 24,419.75 (tested)
Far Demand/Support (Daily): 23,350 - 23,667.10
Supply/Resistance Zones
Near Supply/Resistance (5m): 24,463.10 - 24,498.20
Near Supply/Resistance (15m): 24,522.25 - 24,583.50
Near Supply/Resistance (75m): 24,636.75 - 24,741.45
Near Supply/Resistance (Daily): 24,664.95 - 24,978.30
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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.