The Nifty 50 has faced resistance near 24,500, coinciding with the 100-day EMA, closing at 24,467 after a 128-point rise. A decisive move above 24,500 could signal further gains, while support is seen at 24,100–24,000. Meanwhile, the Bank Nifty needs to hold above 52,300 and surpass 52,600 to target 53,000, with support at 51,700.