“Bearish on Nifty 50 in the short term, advising caution and avoiding aggressive overnight positions. A decisive daily close below the 23,800–23,700 support band could trigger further weakness towards 23,500–23,450. The 24,000–24,050 band is now immediate resistance, followed by 24,150–24,200. A short-term trend reversal in Nifty Midcap also warrants caution.”