#NIFTY Intraday Support and Resistance Levels - 08/05/2025

Flat opening expected in index. After opening it will face major resistance at 24500 level. If reversal from this level can give downside movement upto 24250 support level. Strong upside rally only expected if nifty starts trading and sustain above 24500 level. Currently nifty consolidating in between range of 24250-24450 levels.