“Neutral on Nifty 50 in the short term, with a weak outlook but crucial support at 24,150 (50-day SMA). A pullback to 24,400 is likely if this support holds, potentially extending to 24,500-24,700 on a breakout. Conversely, a fall below 24,150 could accelerate selling towards 24,000 and further to 23,850-23,800.”

Amol Athawale’s track record: 5 graded calls · 95% CI 12–77%