Bullish on Nifty 50 with a target of 24,300 on sustained move above 23,800, while flagging near-term volatility and caution on global geopolitical developments. Bank Nifty is approaching a crucial resistance zone between 56,500 and 57,000, with a breakout above this zone expected to reinforce bullish momentum in the banking space.

Ganesh Dongre’s track record: 3 graded calls · 95% CI 21–94%

Nifty 50BullishCalled 07 Jun 2026Graded 07 Aug 2026
Verdict:HIT

Nifty 50 increased from ₹23123.00 to ₹24636.00, hitting the target of 24,300 after moving above 23,800.

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