On Tuesday, Nifty opened flat, dipping to a low of 24,140.85 before rallying over 340 points to a high of 24,484.50. It closed strong at 24,466.85, gaining 127 points over the previous close. Weekly Trend (50 SMA) is sideways, while the Daily Trend remains negative. Key demand and supply zones are unchanged.
Demand/Support Zones:
Near Demand/Support Zone (Weekly): 23,893.70 - 24,419.75 (tested)
Far Demand/Support Zone (Daily): 23,350 - 23,667.10
Supply/Resistance Zones:
Near Supply/Resistance Zone (75m): 24,636.75 - 24,741.45
Near Supply/Resistance Zone (Daily): 24,664.95 - 24,978.30
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