Maintains a 'Buy on Dips' strategy for Nifty 50, viewing the recent correction as bringing the index to a strong support zone of 23,600-23,650. While a minor retest of these lows is possible in the coming week, the broader market structure remains constructive. A decisive move above 23,900-24,100 could trigger a fresh uptrend.

Mehul Kothari’s track record: 7 graded calls · 95% CI 8–64%

Nifty 50BullishCalled 25 Jul 2026Graded 04 Aug 2026
Verdict:HIT

Nifty 50 increased from ₹23995.95 to ₹24774.30, which is a 3.24% gain, consistent with the bullish 'Buy on Dips' strategy and the expectation of a fresh uptrend above 23,900-24,100.

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