Nifty Support & Resistance Levels for 07.06.2024
Nifty stayed inside the 15-minute resistance/supply zone mentioned yesterday. Currently, Nifty is above the important level of 61.8% retracement (of the last swing) at 22,553, which is a positive sign. If Nifty can sustain this level, we might see further upward movement.
Support Levels:
Near Support Zone (75m): 22,213 - 22,372
Far Support Zone (Daily): 21,137 - 21,459 (remains the same)
Far Support Zone (Daily): 20,769 - 20,950
Resistance Levels:
Intraday Resistance Zone (15m): 22,643 - 22,881 (remains the same)
Major Resistance/Supply Zone (Daily): 23,062 - 23,338.70
Support Levels:
Near Support Zone (75m): 22,213 - 22,372
Far Support Zone (Daily): 21,137 - 21,459 (remains the same)
Far Support Zone (Daily): 20,769 - 20,950
Resistance Levels:
Intraday Resistance Zone (15m): 22,643 - 22,881 (remains the same)
Major Resistance/Supply Zone (Daily): 23,062 - 23,338.70
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