Week ahead: US & India inflation data, FIIs activity, and global cues among key market triggers as NIFTY50 faces 25,000 resistance

Week ahead: US & India inflation data, FIIs activity, and global cues among key market triggers as NIFTY50 faces 25,000 resistance

After rebounding over 5% in the past three weeks, the NIFTY50 index extended its recovery to the 24,850 level, approaching the psychologically significant 25,000 mark. In the upcoming sessions, traders should watch the critical resistance at 24,850. A decisive close above this level on the daily chart could pave the way for a move toward the 25,000 level.

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