<ul data-eligibleForWebStory="true"><li>Geopolitical tensions and technical signals indicate a crucial week for the Nifty with key support at 24,400–24,450.</li><li>Nifty 50 is expected to consolidate between 24,400 and 25,200, with 24,400–24,450 being a critical support level.</li><li>Traders are advised to accumulate on dips near support levels and reduce positions near resistance.</li><li>Support levels are at 24,900 and 24,700–24,500, with resistance at 25,000 and 25,200.</li><li>Market indices rebounded on Monday, with Nifty rising 0.92% to close at 24,946.5 and Sensex gaining 0.84%.</li><li>Immediate resistance for Nifty is at 25,000, with a broader consolidation range between 24,400 and 25,200.</li><li>Bajaj Broking anticipates Nifty to stay within the consolidation range, highlighting 24,500–24,400 as key support levels.</li><li>Indian rupee closed stronger at 86.06 against the US dollar on Monday following a narrowing trade deficit in May.</li></ul>

Trade Setup For June 17: Nifty's Crucial Support At 24,400–24,450

Discover more