#NIFTY Intraday Support and Resistance Levels - 20/06/2025

A flat opening is expected in Nifty today. After the open, all eyes will be on the 24,700 level, which has acted as a key support zone recently.

🔽 If Nifty starts trading below 24,700, downside momentum may pick up, with potential targets at 24,650 → 24,600 → 24,550-. Sustained weakness below 24,700 could attract short positions.

🔼 On the upside, if Nifty reclaims 24,750–24,800 and sustains, a bullish move may trigger toward 24,850 → 24,900 → 24,950+. However, 24,950 remains a strong resistance area from the past sessions.

⚠️ Strategy Note:

• Market remains in a range-bound zone; wait for a decisive breakout for positional trades.
  
• Use strict stop-losses and manage risk actively.
  
• Ideal approach: scalp the range with quick profit booking unless a directional move confirms.