“While Nifty's RSI shows a bearish crossover, technical charts suggest a potential meaningful recovery from current levels, with the index forming higher lows as an early sign of reversal. In the short term, Nifty may move higher towards 24,285–24,350, but weakness could intensify if it breaks below the support at 23,880.”

Rupak De’s track record: 27 graded calls · 95% CI 34–69%