“Neutral on Nifty 50, expecting a broader trading range between 23,600 and 24,500, with an immediate range of 23,800 to 24,300. If the index holds above 24,100, upside towards 24,250-24,350 is possible, with support at 23,950-23,850. The index formed a hammer candle, indicating support-based buying at lower levels.”

Chandan Taparia’s track record: 3 graded calls · 95% CI 0–56%