Nifty Bulls Eye 24,200 Breakout On US-Iran Deal Optimism

Analysts note that a sustainable move above 24,200 could push Nifty toward 24,400 and 24,550 in the short term. The bullish outlook is fueled by optimism over a potential US-Iran deal. Traders are watching the 24,200 resistance zone closely, as a breakout could extend the ongoing rally. The trade setup is dated for June 18.