“Nifty 50 faces crucial resistance near 23,450. While a short-term rally to 23,560-23,600, or even 23,700-23,800, is possible in the next one to two days, he expects a downward journey to resume thereafter, keeping the index range-bound between 23,200 and 23,650 in the near term.”
Nifty 50NeutralCalled 04 Jun 2026Graded 05 Jul 2026
Nifty 50 increased from ₹23366.70 to ₹23946.25, which is outside the predicted range of 23,200 and 23,650.
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