“Maintains a constructive bias on the Nifty, expecting continuation of upward momentum towards 24,800 in July if it decisively closes and sustains above 24,200. Strong support is identified at 23,600, suggesting declines should be used to accumulate quality stocks, as healthy consolidation has strengthened the market structure.”

ICICI Securities Analysis’s track record (trackable calls only): 5 graded calls · 95% CI 0–43%