“Neutral on Nifty 50 in the near term, expecting a minor pullback towards 24,180–24,200 due to positive RSI divergence on the hourly chart, despite overall weakness below critical moving averages. Higher levels are likely to act as resistance, with a sustained move above 24,200 potentially triggering a 100-point rise. Support is at 23,990, a break below which could resume correction.”

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