Nifty Intraday Support & Resistance Levels for 10.02.2025

Friday’s session was highly volatile, with Nifty opening positive and making an initial high of 23,683.90 before dropping to 23,493.60. It then rallied again to a day high of 23,694.50, entering the 5-minute Supply Zone, only to reverse sharply to a low of 23,443.20, taking support at the 15-minute Demand Zone. A partial recovery followed, and Nifty closed at 23,559.95, losing 43 points over the previous close. Both the Weekly & Daily Trends (50 SMA) remain sideways.

Demand/Support Zones
Near Demand/Support Zone (75m): 23,327 - 23,381.60
Far Minor Demand/Support Zone (15m): 23,141 - 23,205.70
Far Demand/Support Zone (30m): 22,786.90 - 22,843.30
Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 (Tested)
Far Support Level: 21,281.45 (Low of 4th June 2024)
Far Demand/Support Zone (Daily): 20,769.50 - 20,950

Supply/Resistance Zones
Near Supply/Resistance Zone (15m): 23,644.10 - 23,694.50
Near Supply/Resistance Zone (Daily): 23,976 - 24,196.45
Far Supply/Resistance Zone (Daily): 24,601.75 - 24,782.15
Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30

Outlook
Nifty remains range-bound, facing resistance near 23,700 while finding support at 23,450. A break above 23,700 may lead to a move towards 24,000, while failing to hold above 23,450 could trigger further downside. Stay cautious in this sideways market!