Dalal Street Week Ahead: Market momentum strong, but watch out for tactical pullback near 25,350

May 17, 2025

Indian markets showed strong gains following eased geopolitical tensions. Nifty recorded significant single-day growth. Volatility decreased substantially. The uptrend is expected to continue with support at 24000. Sector rotation is anticipated, potentially shifting leadership to FMCG, Auto, and Pharma. Vigilance is advised to protect existing investments. Resistance is expected at 25175 and 25350. Support lies at 24800 and 24630.

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