“Neutral on Nifty 50, expecting range-bound trading with sellers emerging at higher levels. A dark cloud cover pattern suggests a bearish move in coming days, with a fall below 24,130 potentially dragging Nifty towards 23,900 and 23,700. Resistance is at 24,350; only a sustained move above this level would change the current perception, otherwise choppiness is likely to prevail. The broader trend remains positive, trading within a rising channel, with support near the 50 EMA.”

Rupak De’s track record: 27 graded calls · 95% CI 34–69%