Nifty Intraday Support & Resistance Levels for 01.10.2024

On Monday, Nifty opened gap down and continued to face selling pressure, breaking the 75-minute support zones mentioned in the previous post. It closed at 25,810.80, losing 368 points from the previous close. Both the Weekly and Daily Trends (50 SMA) have turned from overbought to positive.

Demand/Support Zones:
Near Demand/Support Zone (Daily): 25,285.55 - 25,611.95
Near Demand/Support Zone (125 min): 25,376.05 - 25,453.70
Far Demand/Support Zone (Daily): 24,753.15 - 25,130.50

Supply/Resistance Zones:
Near Supply/Resistance Zone (30 min): 25,943.15 - 25,995.00
Far Supply/Resistance Zone (125 min): 26,151.40 - 26,230.80