“Bullish on Nifty 50, expecting a rally towards 25,000 if it decisively breaks above 24,800. Derivatives data shows bullish expectations shifting higher, with a new support base forming around 24,400-24,500. The current upmove is more than short covering, but sustained momentum requires banking sector participation. A downside marker is seen at 24,100.”

Anand James’s track record: 14 graded calls · 95% CI 12–55%