“Anand James suggests Nifty is nearing oversold territory with RSI at 38, hinting at a short-term recovery, especially if RIL rebounds. However, failure to close above 25776 this week could signal an extended decline, potentially towards the 200-day SMA near 25000, indicating a breakdown from its sideways range since November 2025.”

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