Trade Setup for April 24: Top 15 things to know before the opening bell as Strait of Hormuz tensions lift oil prices
As long as the Nifty 50 sustains below 24,600, consolidation with range-bound trading may persist, with immediate crucial support placed at 24,000–23,900. However, a convincing move well above 24,600 could open the door for 24,800, which coincides with the 200-day EMA and acts as a key resistance level, according to experts.