Week Ahead: Nifty Has Key Resistance in Sight — Time to Guard Gains or Chase Momentum?

The markets traded with a positive bias throughout the week as Nifty continued its upward drift while staying within a defined range. The index oscillated in a narrow band of 448.70 points, moving between 24,881.65 and 25,330.75. Despite intra-week volatility, the index managed to post a net gain of 391.10 points, or 1.57%, on a weekly basis. India VIX inched marginally higher by 0.42% to 10.10, continuing to hover near its multi-month lows.