#NIFTY Intraday Support and Resistance Levels - 05/06/2025

Nifty is opening with a gap-up near the 24750 level, placing it right at the breakout zone. If the index sustains above 24750, a bullish rally may follow with upside targets of 24850, 24900, and 24950+. Sustained momentum above this level can shift market sentiment toward a more positive bias.

However, traders should be cautious of a reversal from the 24750–24700 zone. If the index fails to hold and reverses downward, a short trade setup could be considered with downside targets of 24650, 24600, and 24550.

In case of further weakness below 24450, the trend may extend on the downside with targets at 24350, 24300, and 24250.

This is a critical level to watch. Wait for a decisive breakout above 24750 or a reversal signal before taking directional trades. Use strict stop-loss and manage positions actively, especially in early session volatility.