“The Nifty 50's broader outlook is bullish, expected to trade within the 24,200-24,550 range. The index closed above its 200 EMA, confirming a positive long-term trend, with RSI at 59.21 indicating strengthening bullish momentum and India VIX declining, suggesting easing volatility. Immediate support is at 24,200-24,250, while 24,500-24,550 is key resistance.”

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