Neutral on Nifty 50 in the near term, with key support at the 24,030-24,000 zone. A decisive breakdown below 24,000 could accelerate selling pressure towards 23,850. The 24,280-24,300 zone acts as crucial resistance, and the index is expected to remain under pressure as long as it trades below 24,300.

Sudeep Shah’s track record: 14 graded calls · 95% CI 16–61%

Nifty 50NeutralCalled 18 Aug 2026Graded 08 Sep 2026