Bullish on Nifty 50, which has decisively broken above the 24,200 resistance and trades above all key moving averages, indicating a positive trend across timeframes. Support at 24,200 is a buy-on-dips zone, with a positional stop-loss at 24,000. Targets are 24,631 (61.8% Fibonacci extension) and 24,865 (200-day SMA).

Vinay Rajani’s track record: 21 graded calls · 95% CI 8–40%

Nifty 50BullishCalled 07 Jul 2026Graded 05 Sep 2026