Nifty's decisive breach of its 200-day SMA has intensified concerns around a potential retest of February lows at 24571, signaling that the market’s medium-term support framework is under pressure. However, James is hopeful for a recovery in the second half of the first week of March, citing super trend support at 25033 and the lower Bollinger band, noting that momentum oscillators do not yet signal an outright collapse. A decisive slippage past the 25000 region would negate near-term recovery prospects.

Anand James’s track record: 14 graded calls · 95% CI 12–55%

Nifty 50NeutralCalled 01 Mar 2026Graded 19 Jul 2026
Verdict:MISS

Nifty 50 declined from ₹24865.70 to ₹24028.05, which is a significant drop, contradicting the hope for a recovery and breaching the 25000 region.

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