Nifty 50 has strengthened its bullish structure by decisively surpassing the key resistance zone of 24,400, which coincides with the 200-day DEMA. This breakout reinforces the ongoing recovery and opens the door for a move towards the 25,000–25,200 zone in the near term. The 24,350–24,500 region is expected to act as immediate support.

Ajit Mishra’s track record: 7 graded calls · 95% CI 8–64%

Nifty 50BullishCalled 04 Aug 2026Graded 25 Aug 2026