Nifty spot chart analysis for 13.07.2022
Nifty is standing just above strong support of 16044.
if nifty moves up from where it left off then it may also cross 16100 and may reach to the level of 16158.
between 16158 to 16210 is an Extremely strong resistance.
if nifty crosses over 16210 then it may also cross then it may also cross 16266 and may reach to the level 16320.
.
if nifty moves down below 16044 then it may take support on 15980 , 15980 is a strong support.
if nifty crosses below 15980 then it may also cross 15931 and may to the level of 15880.
If nifty crosses down 15880. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 16372 AND REACH TO THE HIGHER LEVELS.
if nifty moves up from where it left off then it may also cross 16100 and may reach to the level of 16158.
between 16158 to 16210 is an Extremely strong resistance.
if nifty crosses over 16210 then it may also cross then it may also cross 16266 and may reach to the level 16320.
.
if nifty moves down below 16044 then it may take support on 15980 , 15980 is a strong support.
if nifty crosses below 15980 then it may also cross 15931 and may to the level of 15880.
If nifty crosses down 15880. then it may take bounce back from bounce back zone.
IT IS HIGHLY UNLIKEY THAT NIFTY WILL CROSS 16372 AND REACH TO THE HIGHER LEVELS.
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