Nifty May 1st Week ViewNifty 50 IndexNSE:NIFTYIshanMathur05Nifty shed its weekly gains and closed at 23,997, which is a crucial level. The upcoming week is likely to be tricky and highly volatile.If Nifty continues the ongoing retracement, it may find immediate support at 23,823. However, a breach below this level could lead to further downside, with the next major support around 23,245.On the upside, the key base level is 24,100. If Nifty crosses and sustains above the 24,100–24,235 zone, the uptrend could resume, with potential to move towards 24,800.