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Nifty 50 trades near the 24,150–24,300 zone, showing a short-term consolidation phase. The index faces immediate resistance near 24,340–24,400, with downside support holding near the psychological 24,000–24,100 levels. [1, 2, 3, 4]

Key Technical Levels

Immediate Resistance: 24,340 and 24,400

Immediate Support: 24,100 and 24,000

Trend Outlook: Range-bound to mildly cautious; a decisive break above 24,400 is required for a stronger upside push, while dropping below 24,000 risks further selling pressure. [1, 2, 3, 4]

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