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“Mehul Kothari maintains a bullish stance on the Nifty 50, noting a symmetrical triangle breakout and a retest of the breakout zone. He suggests that a sustained move above 24,400 could drive the index towards 24,600 and then 24,800. Conversely, a breach below 23,900 would negate the breakout structure and lead to consolidation in the near term.”
Mehul Kothari’s track record: 7 graded calls · 95% CI 8–64%
Nifty 50 IndexBullishCalled 09 May 2026Graded 27 Jun 2026
Nifty 50 Index decreased from ₹23815.85 to ₹23382.60, moving against the bullish stance.
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