Nifty spot chart analysis for 15.07.2022

١٤ يوليو ٢٠٢٢

Nifty is standing just above strong support of 15931.

if nifty moves up from where it left off then it may also cross 15980 and may reach to the level of 16044.

between 16044 to 16100 is an Extremely strong resistance.

if nifty crosses over 16100 then it may also cross then it may also cross 16158 and may reach to the level 16210.
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if nifty moves down below 15931 then it may take support on 15880 , 15880 is a strong support.

if nifty crosses below 15880 then it may also cross 15829 and may to the level of 15777.

If nifty crosses down 15777. then it may take bounce back from bounce back zone.

IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 16204 AND REACH TO THE HIGHER LEVELS.