#NIFTY Intraday Support and Resistance Levels - 16/01/2023

Nifty will be slightly gap up opening in today's session. The expected opening above the 17950 level and the 17950 to 18100 level is the consolidation range and if nifty breaks the 18100 level this level then the possible upside go up to 18130+ in today's session. in case nifty trades below the 17950 level than possible downside rally up to 100-200 points.