NIFTY INTRADAY ANALYSIS FOR 06 AUG 2024

BUY ABOVE - 24130
SL - 23990
TARGETS - 247220,24360,24440

SELL BELOW - 23990
SL - 24130
TARGETS - 23900,23800,23740

NO TRADE ZONE - 23990 to 24130

Previous Day High - 24360
Previous Day Low - 23900

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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