Technical View: Easing VIX, oil prices support bulls, but Nifty 50 must hold 24,000 for further rally;...

Nifty 50 closed above its 50-day EMA but needs a strong close above 24,000 to extend rally beyond 24,100 and 24,200.

Easing VIX and lower oil prices support bullish sentiment.

Bank Nifty faces a hurdle at its short-term moving average.

Market likely to remain range-bound until Nifty 50 holds 24,000.