“The Nifty 50 has decisively slipped below the key support zone of 24,000–24,150 and its major moving averages, weakening its near-term technical structure. The next crucial support is seen in the 23,650–23,800 zone, while any rebound will likely face stiff resistance in the 24,150–24,300 region.”

Ajit Mishra’s track record: 7 graded calls · 95% CI 8–64%