Nifty formed a small negative candle on Friday, with an ongoing trend of higher highs and lows. The index shows a choppy but positive bias, potentially reaching 25,000-25,100 soon. Immediate support is at 24,650. Weekly charts indicate a positive candle and a filled down gap resistance at 24,700.
Nifty at 10-month low: Iran war, US Fed, crude oil among 9 factors likely to steer D-Street this week
Indian markets closed the week down 5.3% due to the Iran-Israel conflict, a weakening rupee, FII outflows, and fuel supply concerns. Key events this week,