#NIFTY Intraday Support and Resistance Levels - 29/01/2025

Gap up opening expected in nifty. After opening if it's sustain above 23050 level then upside rally expected in index. Major downside possible if nifty starts trading below 22950 level. This downside can be goes upto the 22700 level after breakdown of 22950 level. 22950-23050 level act as a consolidation zone for nifty.