“The Nifty 50 has established a strong support zone around 24,000, aligning with its 21-DMA and 50-DMA. A breakout from a symmetrical triangle pattern on the daily chart indicates a positive shift in the short-term structure, with potential upside towards 24,500 levels.”

Nilesh Jain’s track record: 3 graded calls · 95% CI 6–79%