Nifty 50 closed 0.32% lower on August 17, extending its downtrend for a fifth session. Key support is at 24,200, with a break below potentially driving the index to 24,000. Resistance is seen at 24,400-24,500. Experts expect near-term weakness amid consolidation.
Nifty Support at 24,200; Resistance at 24,400-24,500
Source: Moneycontrol