Nifty spot chart analysis for 19.07.2022
Nifty is standing in between 16266 to 16320.
if nifty crosses over 16320 then it may also cross 16372 and may reach to the level of 16423.
between 16423 to 16482 is an Extremely strong resistance.
if nifty crosses over 16482 then it may reach to the level of 16543.
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if nifty moves down below 16266 then it may take support on 16210, 16210 is a strong support.
if nifty crosses below 16210 then it may also cross 16158 and may to the level of 16100.
If nifty crosses down 16100. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 16543 AND REACH TO THE HIGHER LEVELS.
if nifty crosses over 16320 then it may also cross 16372 and may reach to the level of 16423.
between 16423 to 16482 is an Extremely strong resistance.
if nifty crosses over 16482 then it may reach to the level of 16543.
.
if nifty moves down below 16266 then it may take support on 16210, 16210 is a strong support.
if nifty crosses below 16210 then it may also cross 16158 and may to the level of 16100.
If nifty crosses down 16100. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 16543 AND REACH TO THE HIGHER LEVELS.
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