Nifty 50 Support & Resistance

As of December 24, 2024, the Nifty 50 Index closed at 23,587.50.

The following support and resistance levels have been identified for the Nifty 50:

Support Levels:

S1: 23,500
S2: 23,400
S3: 23,300
Resistance Levels:

R1: 23,700
R2: 23,800
R3: 23,900
These levels are derived from pivot point calculations, which are commonly used in technical analysis to determine potential support and resistance areas.

Please note that support and resistance levels are dynamic and can change based on market conditions.

It's advisable to consult real-time data and consider multiple technical indicators before making any trading decisions.