Nifty spot chart analysis for 21.11.2022
Nifty is standing just under a strong resistance zone of 18302 to 18393.
if nifty moves above 18393 then it may also cross 18444 and may reach 18493.
between 18493 to 18547 is an Extremely strong resistance.
if nifty crosses over 18547 then it may also cross 18599 and may reach 18651.
if nifty moves down from where it left off then it may also cross 18302 and may reach to the level of 18259.
if nifty moves down below 18259 then it may take support on 18210.
If nifty crosses down 18210. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18599 tomorrow and reach higher levels.
if nifty moves above 18393 then it may also cross 18444 and may reach 18493.
between 18493 to 18547 is an Extremely strong resistance.
if nifty crosses over 18547 then it may also cross 18599 and may reach 18651.
if nifty moves down from where it left off then it may also cross 18302 and may reach to the level of 18259.
if nifty moves down below 18259 then it may take support on 18210.
If nifty crosses down 18210. then it may take bounce back from bounce back zone.
it is highly unlikely that Nifty will cross 18599 tomorrow and reach higher levels.
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