“Bearish on Nifty 50, maintaining a 'sell-on-rise' stance due to the weak overall trend and ongoing bearish pattern of lower tops and bottoms. Any bounce is expected to face strong overhead resistance around 24,100–24,200. A break below the 23,800 support could drag the index towards 23,600 in the near term.”

Nagaraj Shetti’s track record: 6 graded calls · 95% CI 19–81%