<ul><li>The NSE Nifty 50 closed at 24,750.90 with a gain of 131 points on Thursday, facing selling pressure near 24,900 but finding support at 24,500.</li><li>Key resistance levels are at 24,800 and 25,000, with 24,700 being a critical breakout level, and failure to clear it may lead to a range-bound market.</li><li>Market analysts suggest a cautious outlook due to upcoming RBI policy announcement, broader cues, and the possibility of a rate cut.</li><li>Easing volatility was observed with mid-cap and small-cap stocks showing strength, while a breach of the 20-day moving average may shift the market bias to the downside.</li></ul>

Trade Setup For June 6: Bulls Eye 25,000 Resistance, Bears Defend 24,500 Support

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