Indice Nifty 50
Long

Nifty Support and Resistance Analysis for 18-DEC-2023

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Attached is the Nifty chart showcasing key support and resistance levels alongside the CPR for both daily and weekly timeframes.

Support and Resistance Levels: The chart highlights significant support around the 21300 and 21200 mark and notable resistance at 21600 and 21644. These levels have demonstrated consistent importance in recent sessions.

CPR: Daily and weekly CPR are essential in understanding potential intraday reversals and weekly trend confirmations.

Disclaimer: This analysis is for educational purposes and should not be considered financial advice. Market conditions can change rapidly, impacting support/resistance dynamics. Always perform your analysis and risk management before executing any trades.

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