Nifty 50 is expected to find immediate support around its 20-day exponential moving average at 24,350. A decisive break below this level could intensify selling pressure, potentially pushing the index towards the stronger support zone of 24,200-24,160. Resistance is seen at 24,600; a sustained move above this is needed to restore positive momentum.

Osho Krishan’s track record: 4 graded calls · 95% CI 5–70%

Nifty 50NeutralCalled 11 Aug 2026Graded 08 Sep 2026