Nifty tests 24,500 support; 24,800 breakout key for bulls
Nifty rebounded above 24,500 after six weeks of declines, but analysts warn the trend stays bearish unless it breaks 24,750-24,800 decisively. Key supports lie at 24,500 and 24,330, with resistance at 24,800-24,917. Holding above 24,600 could extend gains; a drop below 24,467 risks retesting 24,200. Traders eye domestic and US inflation data today.