NSE:NIFTY   Nifty 50 Index
The levels are marked in the chart.
Support and Resistance areas for NSE:NIFTY
If it takes support on 16375 it can bounce back and start new bull run crossing ATH and if not next support is 16200(A Major support and might look to test that before making new highs again)

You can see previous updates on Nifty50 in the below links

Comments

Its forming a double top.
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@Omsai1238, no its not
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