Nifty is neutral for the upcoming week. The weekly close at 24,570 indicates that bulls have secured the 24,000–24,200 zone, but until Nifty bulls are able to secure 24,660, further rally looks highly unlikely.
If we observe a down move scenario, if Nifty breaches the support range of 24,457 to 24,255, then we can expect further drag up to 24,000 levels.
All levels are marked in the chart posted. Do check it out and follow for genuine trend analysis. DISC – THIS IS MY PERSONAL VIEW AND NOT A BUY/SELL RECOMMENDATION.