Global cues are mildly negative, indicating a cautious start for the Indian market. Nifty is approaching an important support zone near 24,620. A sustained break below this level could trigger fresh selling towards 24,560–24,500, while a recovery above 24,675 may lead to short covering towards 24,720 and above. Traders should wait for confirmation after the opening volatility before initiating fresh positions.

Disclaimer: This analysis is for educational purposes only and should not be considered investment or trading advice. Please conduct your own research and manage risk appropriately before taking any trade.