Nifty has a bit of momentum, but faces resistance at 24,300-24,700

Technical signals suggest the recent rebound on Dalal Street is gathering traction, but conviction remains key. Analysts broadly see the market attempting to transition from a corrective phase to a more durable uptrend, supported by improving momentum and selective buying interest. However, they caution that the move is still at a critical juncture, with resistance zones likely to test the strength of the recovery.ROHAN SHAH TECHNICAL ANALYST, ASIT C MEHTA INVESTMENTWhere is Nifty headed this we...