Gap-Up Opening: Can Nifty Sustain Above 23,940?Nifty 50 IndexNSE:NIFTYvickshikNifty is expected to open higher on positive global cues. The key level to watch is 23,940. A sustained move above this zone could push the index towards 24,000-24,030, while a breakout above 24,030 may extend the rally towards 24,090-24,120. On the downside, failure to hold 23,860 may trigger profit booking, with immediate support at 23,800-23,780. My View: The opening sentiment is positive, but it is better to wait for confirmation after the first 15-20 minutes rather than chasing the gap-up. A sustained move above resistance should favour call options, while rejection from resistance may create a short-term pullback opportunity. Education purpose only and not financial advice