“Nifty 50 is heading towards the upper band of its 1500-point consolidation range (24,600-23,100). A resolute breakout above 24,600 would validate a higher base formation, unlocking a medium-term rally. Key support is at 23,600. Focus should be on accumulating stocks on dips backed by strong earnings, especially as Q1FY27 earnings from large caps could fuel the next leg of the up move.”

Dharmesh Shah’s track record: 6 graded calls · 95% CI 30–90%