“Bearish on Nifty 50 in the near term, as it extended its corrective phase for the fifth consecutive week. The 23,000–23,100 zone is crucial support; a decisive break below this could trigger further weakness towards 22,400. On the upside, 23,600 is expected to act as immediate resistance.”

Ajit Mishra’s track record: 7 graded calls · 95% CI 8–64%