Ahead of Market: 10 things that will decide D-Street action on Monday

According to Nagaraj Shetti of HDFC Securities the short-term trend of Nifty is down, but the near-term uptrend status of the market is intact. There is a possibility of some more weakness in the coming sessions down to 24,600-24,500 levels before showing any upside bounce from the lows. Immediate resistance is at 24,900 levels.