Nifty spot chart analysis for 22.12.2022

Nifty is standing just below a strong resistance of 18210.

Nifty is standing just below a strong resistance of 18210.

between 18302 to 18349 is an Extremely strong resistance.

if nifty crosses over 18349 then it may also cross 18393 and may reach to the level of 18444.


if nifty moves down below 18160 then it may also cross 18111 and may reach to the level of 18067.

if nifty moves down below 18067 then it may take support on 18020.

If nifty crosses down 18020. then it may take bounce back from bounce back zone.

it is highly unlikely that Nifty will cross 18547 tomorrow and reach higher levels.