#NIFTY Intraday Support and Resistance Levels - 16/06/2025

Today, a slightly gap-up opening is expected in Nifty near the 24,735 level. If Nifty sustains above the 24,750–24,800 zone after the opening, it may lead to a continuation of the upside move toward 24,850, 24,900, and potentially 24,950+ during the day. This zone can attract intraday buying interest, especially if supported by volume and momentum.

However, any rally approaching the 24,950 level should be watched cautiously, as it may act as a reversal zone, triggering profit booking or intraday resistance.

On the other hand, if Nifty fails to hold 24,700 levels and starts drifting lower, fresh selling pressure could emerge, pushing the index toward 24,650, 24,600, and even 24,550 during the session.