“Nifty's sentiment is sideways to mildly positive, with support at 24,200 and resistance at 24,350. A fall below 24,200 could trigger a correction towards 24,000, while a rise above 24,350 might take the index towards 24,500. A sustained move above Friday’s high of 24,284 would signal an extension of the pullback towards 24,400 in the coming sessions, but failure to surpass Thursday’s high indicates consolidation between 24,000-24,250.”

ETMarkets Analysis’s track record: 10 graded calls · 95% CI 6–51%