“The short-term market trend for Nifty 50 has shifted to negative. Selling on rallies is the preferred strategy for day traders, with immediate resistance at 24,000-24,050. The index may retest its 50-day SMA near 23,800, with extended selling potentially dragging it to 23,600, unless it sustains above 24,050 for a pullback towards 24,150-24,200.”

Amol Athawale’s track record: 5 graded calls · 95% CI 12–77%