The Nifty 50 experienced a significant rebound, closing at 23,907, up 557 points or 2.39%, marking its largest single-day gain since June 5. The index surpassed the key resistance level of 23,800, with immediate targets set at 24,000 and 24,500, while support levels are identified at 23,750 and 23,550. Positive momentum is indicated by the RSI entering a bullish crossover, suggesting a favorable sentiment for a short-term rally.
