“Neutral on Nifty 50, with 24,000 as a key make-or-break level. Holding above it could encourage recovery, while a decisive break below may extend weakness towards 23,800–23,600. A sustained move above 24,300 is required to improve the near-term setup, with immediate support at 23,900–23,980 and resistance at 24,240–24,300.”

Sumeet Bagadia’s track record: 6 graded calls · 95% CI 19–81%