Nifty technical set up

Nifty technical set up 1) Nifty just closed near 24900. 2) It also closed above 50 SMA which is a positive sign 3) 24800-24840 will work as support for now 4) Also we closed above RSI 60 on 1-hour chart 5) Short term sentiments are bullish now 6) FIIs have sold worth 1583 Cr. in cash yesterday 7) DIIs have added worth 489 Cr. in cash yesterday 8) Now major resistance around 25000 9) Sector in focus Auto - Stock on radar

10) All this is for information. 11) This is not a buy/sell recommendation. Thank you, Technofunda24