“Nifty 50 shows a strong bullish candle and trades above key short-term moving averages, indicating a continuation of recovery and sustained buying interest. With RSI at 55.80 and India VIX declining, momentum is strengthening. A decisive move above the 24,450–24,500 resistance could extend the uptrend from the immediate support zone of 23,920–24,000.”

Sumeet Bagadia’s track record: 6 graded calls · 95% CI 19–81%