The Nifty's primary and positional trend remains bearish, as it trades below all key moving averages. While 24,300 acts as a strong support level, a confirmed bullish trend reversal would require a close above 25,000. Traders should protect long positions with a strict stop loss at 24,300, as bears currently have the upper hand in the market.

Vinay Rajani’s track record: 21 graded calls · 95% CI 8–40%

Nifty 50BearishCalled 06 Mar 2026Graded 19 Jul 2026
Verdict:HIT

Nifty 50 decreased from ₹24028.05 to ₹22968.25, confirming the bearish trend.

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