#NIFTY Intraday Support and Resistance Levels - 04/08/2025

Nifty is expected to open slightly gap up near the 24,550–24,600 zone. This area is currently acting as a resistance, and price action around it will be crucial to determine directional momentum for the session.

If Nifty sustains above 24,750, a bullish rally may unfold with potential upside targets at 24,850, 24,900, and 24,950+. A breakout above 24,751.65 would confirm strength and may trigger intraday buying interest.

On the downside, if Nifty faces rejection around 24,700 and breaks below the 24,700–24,750 zone, it can lead to a bearish move. A breakdown below this zone opens downside targets at 24,600, 24,550, and 24,500-. Further weakness below 24,450 may lead to an extended fall toward 24,350, 24,300, and 24,250-.

The broader trend remains weak unless Nifty reclaims strength above 24,750. Traders should stay cautious near reversal levels and maintain strict trailing stop-loss to protect profits and manage intraday volatility.