Nifty again back towards the upper rangeNifty 50 IndexNSE:NIFTYsiddhantsamaiyaNifty’s recent rise can be attributed to short covering ahead of the monthly expiry, which often results in a surge as traders close their short positions. Currently, the index faces a strong resistance zone around 25,000–25,100. A clear move above this range could indicate a trend change or a shift towards a more bullish outlook. If Nifty does not decisively cross this resistance, the market is expected to remain neutral to sideways, meaning price action could stay range-bound without a clear direction. Additionally, 24,600 will act as a strong support level. As long as Nifty stays above 24,600, market sentiment should remain stable, supporting a constructive stance. A break below this level could signal increased caution. Summary: Rise driven by short covering ahead of expiry. Strong resistance at 25,000–25,100. 24,600 will act as strong support. Above 25,100: Trend change or bullish breakout likely. Below 25,100: Market remains neutral/sideways. Above 24,600: Sentiment stays steady; below may warrant caution. Unless Nifty crosses above the resistance zone or drops below strong support, the outlook remains stable and sideways.