The Nifty 50 index is expected to open with a significant gap-up in the 24,575-24,600 range on Monday, reflecting improved risk appetite. For conviction and improved bias, the index needs to sustain above 24,450 and decisively breach the 24,570-24,600 hurdle. Key support is at the 50-EMA level of 24,018.

Vaishali Parekh’s track record: 14 graded calls · 95% CI 1–31%

Nifty 50BullishCalled 03 Aug 2026Graded 02 Sep 2026
Verdict:MISS

Nifty 50 decreased from ₹24774.30 to ₹23837.45, a decline of 3.78%, which contradicts the bullish expectation.

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