Nifty Intraday Support & Resistance Levels for 06.11.2024

On Tuesday, Nifty opened on a weak note, dipping to a low of 23,842.75 before rallying to a high of 24,229.05. It closed at 24,213.30, up by 218 points from 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 (30m): 23,842.75 - 23,951.10
Near Demand/Support (Daily): 23,350 - 23,667.10
Extended Support: 23,189.88 (61.8% FIBO)
Far Demand/Support (Daily): 22,642.60 - 22,910.15

Supply/Resistance Zones
Near Supply/Resistance (75m): 24,280.20 - 24,368.25
Near Supply/Resistance (125m): 24,502.80 - 24,604.25
Additional Resistance (75m): 24,636.75 - 24,741.45
Extended Resistance (Daily): 24,664.95 - 24,978.30