“Bearish on Nifty 50 if it decisively breaks below its crucial 100 DEMA support at 24,200, which could trigger fresh selling pressure towards 24,000, and potentially 23,800. Weakness in key sectors like banking and IT is currently weighing on the index. The 24,400–24,600 zone remains a critical hurdle for any meaningful upside.”

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