Scenario 1: If NIFTY breaks 13350 (+/- 2% Error) before 2 week of Jan, 2021, then NIFTY tending to reach 14500 level (by Mid February, 2021)...
Scenario 2: If not breaking 13350 level comfortably, then it shall sustain around 13000 level having 12700 level (as immediate support) and second base as 12400.
Scenario 3: In case of any global indices showing sign of corrections or any catastrophic events, the least NIFTY shall reach is 11700-11900 (certainly not below this)
However, Nifty shall go for possible correction from 14250 (1-2% error band) level.
Shall get 5-10% corrections
First support: 13750
Second support at 13300 and strong support at 12700 levels.
Only an educational view.