Nifty 50 Support and Resistance Levels 14dec23

**Support Levels:**
1. 20902
2. 20859
3. 20793

- **Resistance Levels:**
1. 20950
2. 21006

**Analysis:**
- The market has maintained adherence to the support and resistance levels from the previous day, highlighting their ongoing relevance in guiding market movements.
- The support levels at 20902, 20859, and 20793 are crucial for monitoring potential downside movements in Nifty 50.
- The resistance levels at 20950 and 21006 remain significant, and a sustained move above these levels may indicate further upside potential.

**Important Considerations:**
- Stay informed about relevant news, economic indicators, and global events that might impact the financial markets.
- Ensure a well-defined trading strategy and use risk management tools to manage potential losses.
- Regularly monitor price action and technical indicators for insights into market dynamics.