Nifty spot chart analysis for 13.12.2022

Nifty is standing just above a strong support of 18493.

if nifty moves above 18493 then it may also cross 18547 and may reach 18599.

between 18599 to 18651 is an Extremely strong resistance.

if nifty crosses over 18651 then it may also cross 18700 and may reach 18753.


if nifty moves down below 18493 then it may also cross 18444 and may reach to the level of 18393.

if nifty moves down below 18393 then it may take support on 18349.

If nifty crosses down 18349. then it may take bounce back from bounce back zone.

it is highly unlikely that Nifty will cross 18761 tomorrow and reach higher levels.