“Nifty 50 is expected to remain sideways to negative in the short term, trading within a range of 24,000-24,500. The index failed to close above 24,500, and elevated FII net short positions in index futures, along with overbought PCR and low India VIX, suggest a pause in the uptrend. The 24,000 level is critical support.”

Jay Thakkar’s track record (trackable calls only): 18 graded calls · 95% CI 3–33%