The Nifty 50 maintains a constructive undertone despite profit booking, suggesting the broader uptrend is intact. Immediate resistance is seen at 24,250-24,200, with support at 23,900-23,800. A 'buy on dips' strategy is favorable as long as the index sustains above these support levels, with a breakout from consolidation determining the next directional move.

Rajesh Palviya’s track record (trackable calls only): 9 graded calls · 95% CI 19–73%

Nifty 50BullishCalled 10 Jul 2026Graded 09 Aug 2026