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Nifty stays bullish but stalls at 24600 as traders wait for breakout clues
Economy
Published on 11 May 2026
Breakout hinges on a single level: 24600
The Nifty is holding a bullish structure but moving in a tight range, with resistance building near 24,600. Analysts point to mixed cues as traders wait for a clear move, watching 23,800 for support. Bank Nifty momentum is improving, suggesting participation may broaden once direction emerges. Stock picks are also in focus for active traders.
- Nifty remains bullish but is stuck in a narrow trading range
- Resistance sits near 24,600 while support holds around 23,800
- Traders are waiting for a decisive breakout to confirm direction
- Bank Nifty momentum is improving, hinting at possible follow-through
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times