Nifty Levels for tomorrow – 16-05-2023

Nifty levels for tomorrow

Nifty today moved northwards closing at 18398, almost up by 84 points. Real Estate, Telecom and FMCG stocks were on the leader board gaining the most.

18400 remains a hurdle and NITY has closed just below this level. Most important NIFTY support exists at 18213 and as long NIFTY holds above this level 18500 is on the cards.

18550 and 18700 are the most important resistance ahead

Nifty short-term levels are