NIFTY can test 16250 levels once again before moving upwards. If it breaks 16250 level, then it can retest 16000 levels pretty quickly.
On Upside, there is huge resistance at 16600 levels which doesn't seem to be tested anytime soon.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.