Technical View: Nifty 50 needs follow-up buying to surpass the 200 DEMA for further upside toward previous...

Nifty 50 needs sustained follow-through buying above the 24,350-24,400 zone, which coincides with the 200-day EMA, to move toward previous swing highs of 24,530-24,600.

Breaking the 24,530-24,600 level is crucial for triggering a fresh rally toward 24,800-25,000.

Bank Nifty is eyeing the 58,700 level as a key resistance.