“Neutral on Nifty, despite reclaiming 50-day and 100-day DEMAs at 24,188 and 24,203, as it remains below 20-day and 200-day EMAs (24,304, 24,377), indicating the short-term trend isn't decisively positive. Sustained buying above 24,375 is crucial to negate the downtrend; otherwise, 24,000-24,050 is key support, and 24,300-24,375 is immediate resistance.”