*WEEKLY EQUITY REPORT* *TECHNICAL OUTLOOK*  Benchmark Index traded on a positive note during the previous week and closed with a 1.02% gain at 25,003 level. The banking index outperformed the benchmark index as it closed with 1.49% gain at 56,578 level  Among the Nifty constituents, SHRIRAMFIN and DRREDDY closed with 7.65% and 5.57% gains while HDFCLIFE and TCS were the laggards as they closed with 2.80% and 2.29% cuts. Among the Bank nifty constituents, HDFCBANK outperformed the Banking index as it closed with 1.74% gain  Among Sectors, REALTY and DEFENCE index outperformed the benchmark index as they closed with 9.51% and 2.69% gains, while MEDIA and IT were the laggards as they closed with 0.32% and 0.07% cut respectively. The broader market outperformed the benchmark index as both MIDCAP and SMALLCAP index closed with 3.41% and 3.91 gains respectively  The volatility index (India VIX) closed with 9.00% cut at 14.63 level  Globally, equity markets traded on a positive note during the previous week as the US market (DJIA) and the European market (DAX) closed with 1.17% and 1.28% gains respectively *POSITIONAL MARKET OUTLOOK*  The benchmark index traded with a positive bias and closed with Bullish candlestick formation during the previous week. Looking ahead, 24,400 will serve as a crucial support level, while 25,150 will act as immediate resistance for the index. The index is anticipated to continue trading with positive momentum and is expected to break out above the 25,150 level, which would confirm a breakout from the current consolidation pattern. It is recommended to maintain a long position, as any dip towards the 24,800 to 24,600 range should be viewed as a buying opportunity. A stop loss should be set at 24,300, and potential upward targets are projected to reach between 25,300 and 25,500 in the coming days.  The banking index outperformed the benchmark index and closed with a Bullish candlestick pattern, suggesting strong development for the bulls. Looking ahead, the level of 55,000 will serve as crucial support for the index, while 57,600 will act as an immediate resistance level. The index has successfully maintained its position above the immediate resistance level of 56,100 by giving a daily close above this mark. It is recommended to maintain a positive outlook. Any dip towards the 56,000 – 55,600 range should be considered a buying opportunity. A stop loss can be set at 55,000, with the potential to target higher levels of 57,600 to 58,000. *MARKET OUTLOOK FOR THE NEXT WEEK WITH CRUCIAL LEVELS*  The benchmark index is expected to maintain its positive momentum for the upcoming week. Important support levels are placed at 24,750 – 24,500, and resistance levels at 25,200 – 25,500.  The banking index is expected to trade in line with the benchmark index for the coming week. The support for the index is placed at 56,000 – 55,400, and resistance at 57,100 – 57,600 levels. *Disclaimer:* The above view is for educational purposes only. Trading carries significant risks and may not be suitable for all investors. Please conduct due diligence before investing, as past performance does not guarantee future results.