Nifty 50 Support and Resistance Levels 11 Dec 23

٨ ديسمبر ٢٠٢٣

**Support Levels:**
1. 20859
2. 20690

- **Resistance Level:**
- 21006

*Additional Note:*
- Given that the market is at an all-time high, there may not be significant resistance levels on the upper side.

**Analysis:**
- Nifty 50 is currently at an all-time high, indicating strong bullish momentum.
- The support levels at 20859 and 20690 are essential for monitoring potential downside movements.
- Given the absence of significant resistance levels on the upper side, the market may have the potential for further upward movement.

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