The overall market trend for Nifty is negative, with volatility expected to continue in the near term. Investors should avoid aggressive long positions as further lower levels are anticipated, with 23,500 identified as the next key support after breaching the 24,200-24,300 zone.

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

Nifty 50NeutralCalled 09 Mar 2026Graded 27 Jun 2026
Verdict:HIT

Nifty 50 price dropped from ₹24261.60 to ₹22679.40, a decline of 1582.2 points, confirming the analyst's bearish outlook.

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