NSE:NIFTY   Nifty 50 Index
The levels are marked in the chart.
Support and Resistance areas for 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

Disclaimer

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.