Nifty Intraday Support & Resistance Levels for 11.12.2024

On Tuesday, Nifty opened on a slightly positive note, bulls took over during the first hour, reaching a high of 24677.80. However, it couldn’t sustain the momentum and dropped to a day low of 24510.65. A late-session recovery saw it close at 24610.05, losing just 9 points over the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) stays positive, indicating resilience in the short term.

Demand/Support Zones
Near Demand/Support Zone (15m): 24295.55 - 24376.65
Far Demand/Support Zone (30m): 24140 - 24187.05
Far Demand/Support Zone (75m): 23447.15 - 23578.60

Supply/Resistance Zones
Near Supply/Resistance Zone (15m): 24772.60 - 24857.75
Near Supply/Resistance Zone (Weekly): 24567.65 - 25234.05 (Current price inside the zone)
Far Supply/Resistance Zone (Daily): 25739.20 - 25907.60
Far Supply/Resistance Zone (Daily): 26151.40 - 26277.35