Nifty Intraday Support & Resistance Levels for 27.08.2024

On Monday, Nifty opened with a gap up, reaching a high of 25043.80 before closing at 25010.60, gaining 187 points. The weekly trend (50 SMA) remains positive, while the daily trend (50 SMA) is sideways.

Support Levels:
Near Demand/Support Zone (Daily): 24771 - 24859
Near Demand/Support Zone (125m) for Weekly Trade: 24543 - 24605
Far Demand/Support Zone (75m) for Weekly Trade: 24204 - 24340

No supply zone is visible on the chart as of now.