“How Does Nifty Look for Intraday Trade on 29 August 2025?”

What Is the Nifty Spot View for 29 August 2025?

Key Levels & Moving Averages

CMP: 25,500.90
EMA 20 Hour & 40 Hour: 24,719 & 24,794
EMA 20 Day & 40 Day: 24,800 & 24,841
Support: 24,465 – 24,330 – 24,175
Resistance: 24,674 – 24,720 zone, 24,850 – 25,025
Short Term Trend Reversal: --

Trading View Summary

• For today’s intraday trading session, 24,674–24,720 is the resistance zone. As long as Nifty trades below this band, the trend remains weak.

• On the downside, 24,465 is a critical support level. If it holds after opening, a bounce back towards the resistance zone is likely.

• If 24,465 breaks, expect further intraday selling pressure with possible declines towards 24,330 minimum and even 24,175 levels.

Analyst Inputs

• Momentum indicators suggest Nifty is near a crucial short-term support zone.
• Sustained trade below 24,465 may trigger follow-through selling pressure.
• Traders should track 24,850–25,025 as the upper resistance range if bulls regain strength.
• Market sentiment likely remains cautious ahead of global cues and expiry positioning.

Tags: Nifty, Nifty Spot, Nifty Intraday View, Technical Analysis, Support and Resistance, EMA, Trading Strategy

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