NIFTY BUDGET DAY ANALYSIS 23/07/2024

BUY ABOVE - 24530
SL - 24480
TARGETS - 24590,24660,24730

SELL BELOW - 24480
SL - 24530
TARGETS - 24440,24400,24350

NO TRADE ZONE - 24480 to 24530

Previous Day High - 24590
Previous Day Low - 24350

Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.

Please NOTE: this levels are for intraday trading only.

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