“Vipin Kumar of Globe Capital Market observes that the Nifty has been consolidating within an 800-point range of 23,800 to 24,600 for the past couple of weeks. He suggests that a decisive move for the index will only occur upon a breach of the 23,800 support level or a breakout above the 24,600 resistance level.”
Vipin Kumar’s track record: 3 graded calls · 95% CI 6–79%
Nifty 50 IndexNeutralCalled 09 May 2026Graded 27 Jun 2026
Nifty 50 Index moved from ₹23815.85 to ₹23123.00 (-2.91% in 30d), breaching the stated 23,800 support level, which was identified as a trigger for a decisive move.
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