Nifty Spot is entering supply zone of
12370-12390 so few point higher 12392
can be considered a tough resitance
that may be tested today or tomorrow(17 Jan 2020)
So a close above 12392 may give a uplift for another 300-400 points
Supports are at 11795, 11585, 11505, 11215 and finally 11008
Resistance is same 12370-12392