Nifty Intraday Support & Resistance Levels for 18.10.2024
On Thursday, Nifty opened gap up, reached a high of 25,029.50, but then tumbled more than 300 points to hit a low of 24,728.90. It closed at 24,749.85, losing 221 points from the previous close. Nifty closed below the critical 61.8% FIBO retracement level (24,804.25). If it fails to break above this level with volume and hold, we may witness further downside in the coming days. The Weekly Trend (50 SMA) remains positive, while the Daily Trend (50 SMA) has shifted from sideways to negative.
Nifty Demand/Support Zones for 18.10.2024:
Far Demand/Support Zone (Daily): 24,522.95 - 24,638.80
Far Demand/Support Zone (Daily): 24,099.70 - 24,196.50
Far Demand/Support Zone (Weekly): 23,893.70 - 24,419.75
Nifty Supply/Resistance Zones for 18.10.2024:
Near Supply/Resistance Zone (75m): 24,951.75 - 25,059.45
Far Supply/Resistance Zone (15m): 25,195.85 - 25,234.05
Far Supply/Resistance Zone (15m): 25,420 - 25,485.05
Far Supply/Resistance Zone (15m): 25,500.95 - 25,545
Far Supply/Resistance Zone (Daily): 25,739.20 - 25,907.60
Far Supply/Resistance Zone (Daily): 26,151.40 - 26,277.35
Nifty Demand/Support Zones for 18.10.2024:
Far Demand/Support Zone (Daily): 24,522.95 - 24,638.80
Far Demand/Support Zone (Daily): 24,099.70 - 24,196.50
Far Demand/Support Zone (Weekly): 23,893.70 - 24,419.75
Nifty Supply/Resistance Zones for 18.10.2024:
Near Supply/Resistance Zone (75m): 24,951.75 - 25,059.45
Far Supply/Resistance Zone (15m): 25,195.85 - 25,234.05
Far Supply/Resistance Zone (15m): 25,420 - 25,485.05
Far Supply/Resistance Zone (15m): 25,500.95 - 25,545
Far Supply/Resistance Zone (Daily): 25,739.20 - 25,907.60
Far Supply/Resistance Zone (Daily): 26,151.40 - 26,277.35
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.