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Short

Pressure Builds on Nifty Before Expiry

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The Nifty traded in a tight range for most of the week but eventually slipped below the 25,000 mark, ending on a weak note.

With the monthly expiry approaching, the index is likely to remain under pressure, and volatility may pick up in the coming sessions.

Key resistance levels are seen at 25,200 and 25,500. A decisive move above 25,500 could trigger an upside breakout. On the downside, support is expected around 24,500 and 24,400.

Given the current structure, traders are advised to stay cautious, focus on selective opportunities, and avoid aggressive positions until a clearer trend emerges.

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