Rajesh Bhosale maintains a cautious near-term view on the Nifty, citing a challenging March, a 16% spike in India VIX, and persistent geopolitical tensions. He identifies Nifty support at 22,200 and resistance at 22,800-23,000. However, for the long term, he suggests accumulating quality stocks in a staggered manner, as indicators like RSI are in deeply oversold zones, similar to pre-COVID levels, suggesting long-term support.

Rajesh Bhosale’s track record: 9 graded calls · 95% CI 19–73%

Nifty 50NeutralCalled 23 Mar 2026Graded 19 Jul 2026
Verdict:MISS

Nifty 50 increased from ₹22912.40 to ₹24231.30 (+5.76% in 21d), which contradicts a cautious near-term view.

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