Pending — not yet graded
Neutral on Nifty, expecting range-bound moves within 24,000-24,500 due to ongoing US-Iran geopolitical tensions and elevated crude oil prices. Fresh triggers or a fall in oil prices are needed for a breakout, otherwise, the index will remain news flow-driven. The recent results season wrapped up better than expected, providing some underlying support.
Nifty 50NeutralCalled 22 Aug 2026
Verdict:PENDING

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