Nifty Bulls Target 24,700, 24,800 Resistance on April 20

Nifty is trading with a positive bias heading into the April 20 session, with bulls targeting the 24,700, 24,800 band as the next meaningful resistance zone. The index has established short-term support at 23,550, defining the near-term risk boundary for long positions. The gap between current levels and resistance suggests room for continuation if buying momentum holds, while a break below 23,550 would signal a shift in short-term structure. Traders will be watching whether price action can sustain above key intraday levels to confirm directional strength toward the upper resistance band. The 24,700, 24,800 zone is likely to attract profit-booking and options-related activity, making it a critical test for the bulls. Price behavior at that range, and the ability to hold 23,550 on any pullback, will determine whether the index can build a higher base or faces consolidation pressure in the sessions ahead.