{
  "id": 4422952,
  "title": "Nifty may be in accumulation phase, says Anand James; Ather, Nazara top bets",
  "url": "https://urgent.news/2026/08/30/nifty-may-be-in-accumulation-phase-says-anand-james-ather-nazara-top",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-30T10:25:42.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/expert-view/nifty-may-be-in-accumulation-phase-says-anand-james-ather-nazara-top-bets/articleshow/133627487.cms"
  },
  "original_language": "en",
  "account": "Nifty has declined by approximately 1% throughout August and has not managed to reclaim its 200-day moving average. According to Anand James, Chief Market Strategist at Geojit Investments, the index might be entering the accumulation phase instead of embarking on a more severe correction, provided the critical 24,000 support level remains intact. James predicts that if Nifty breaks above 24,500, it could move towards 24,900-25,100 and eventually reach 25,500. Conversely, if it falls below 24,000, it could plummet to 23,700.",
  "summary": "Nifty’s September series begins with a cautiously positive undertone, with options positioning indicating support at 24,000–24,100 and resistance at 24,200–24,500. A decisive breakout could trigger further gains, while a break below 24,000 may invite downside. Meanwhile, Ather Energy and Nazara Technologies remain among the top stock picks, with analysts seeing further upside after recent bullish…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}