Nifty spot chart analysis for 25.07.2022

Nifty is standing below strong resistance of 16722.

Nifty is standing below strong resistance of 16722.

between 16780 to 16840 is an Extremely strong resistance.

if nifty crosses over 16840 then it may also cross 16892 and may reach to the level of 16951.
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if nifty moves down below 16722 then it may also cross 16668 and may reach to the level of 16612.

if nifty crosses below 16612 then it may take support on 15643, 16543 is a strong support.

If nifty crosses down 16543. then it may take bounce back from bounce back zone.

If nifty crosses down 16543. then it may take bounce back from bounce back zone.