Nifty spot chart analysis for 27.09.2022

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Nifty is standing just above a super strong support of 17008.

if nifty moves above 17016 then it may also cross 17068 and may reach 17125.

between 17125 to 17182 is an Extremely strong resistance.

if nifty crosses over 17182 then it may also cross 17238 and may reach 17292.


if nifty moves down below 17008 then it may also cross 16951 and may reach to the level of 17892.

if nifty moves down below 16892 then it may take support on 16840.

If nifty crosses down 16840. then it may take bounce back from bounce back zone.

it is highly unlikely that Nifty will cross 17292 tomorrow and reach higher levels.