“CA Rudramurthy BV is bearish on Nifty and Bank Nifty for the very short term. He notes Nifty's decisive break below the crucial 25,327 support (recent low) and 25,300, with a weekly close below this level confirming further downside towards the 24,900-25,000 zone. Bank Nifty's slip below 60,800 for the first time in this correction also signals more weakness, potentially leading the Nifty's decline, with long-term support seen near 59,000.”

CA Rudramurthy BV’s track record: 17 graded calls · 95% CI 26–69%