“The Nifty's recent decline is a technical dip within a broader recovery, not a trend reversal, as the index has formed a higher bottom, indicating sellers are losing control. Strong support is seen at 23,400-23,500. A decisive move above 24,000-24,100 would open the door for a near-term target of 24,500.”

Nagaraj Shetti’s track record: 6 graded calls · 95% CI 19–81%