Rupak De is bearish on Nifty for the January expiry, expecting further downside potential towards the 24,700-24,400 zone. He advises a sell-on-rise strategy as long as the index remains below 25,500, citing sustained FII selling, a weakening rupee, and the breach of the 200-day moving average as key drivers for negative sentiment.

Rupak De’s track record: 27 graded calls · 95% CI 34–69%

Nifty 50BearishCalled 25 Jan 2026Graded 19 Jul 2026