“Rajesh Palviya of Axis Securities notes Nifty's technical setup remains fragile, failing to sustain above its 50-day moving average. He identifies 24,200 as a key supply zone for this expiry, with major resistance between 24,000-24,500 due to call writing. On the downside, 23,500 is the key support level to watch.”

Rajesh Palviya’s track record (trackable calls only): 9 graded calls · 95% CI 19–73%