Nifty 50 is vulnerable in the near term, with the 20-day DEMA around 24,350 acting as immediate support. A break below this could intensify selling towards the stronger 24,200–24,160 zone. Resistance is at 24,600. Investors should adopt a cautious, stock-specific approach and avoid aggressive long positions until a meaningful directional move emerges.

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

Nifty 50NeutralCalled 12 Aug 2026Graded 02 Sep 2026
Verdict:HIT

Nifty 50 declined from ₹24435.95 to ₹23838.45, a drop of 2.45%, consistent with the call for vulnerability and potential selling towards the 24,200-24,160 zone.

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