*WEEKLY MARKET OUTLOOK* *TECHNICAL OUTLOOK*  The benchmark index traded on a positive note and closed with a 1.59% gain at 25,112 level. The banking index slightly underperformed the benchmark index as it closed with a 1.31% gain at 56,253 level  Among the Nifty constituents, M&M and TRENT closed with 5.93% and 5.50% gains, while TATAMOTORS and ADANIPORTS were the laggards as they closed with 5.03% and 3.96% cuts. Among the Bank Nifty constituents, KOTAKBANK outperformed the Banking index as it closed with 2.96% gain  Among Sectors, INFRA and PVTBANK outperformed the benchmark index as they closed with 1.77% and 1.64% gains, while MEDIA and PHARMA were the laggards as they closed with 2.97% and 1.69% cuts, respectively. The broader market underperformed the benchmark index as both the MIDCAP and SMALLCAP index closed with 0.06% and 0.98% cuts respectively  India VIX closed with 9.33% cut at 13.67 level  Global equity markets had mixed performances and traded with volatility during the previous week. The US market (DJIA) closed with a negligible gain of 0.02%, while the European market (DAX) experienced a decline of 0.70%. *POSITIONAL MARKET OUTLOOK*  The benchmark index traded on a positive note and closed with Bullish candlestick formation during the previous week. The level of 24,400 will serve as a crucial support level, while 25,250 will act as immediate resistance for the index. The index performed as we anticipated last week, exhibiting volatility but recovering from lower levels. Moving forward, we expect bullish sentiment to continue, indicating a strong positive outlook for the coming days. However, if the price closes below 24,400 on a daily basis, it could hinder the current uptrend. As long as this critical level of 24,400 is not breached, we anticipate positive momentum, with buying opportunities at lower levels. Therefore, our recommendation is to maintain a long position, and any dips in the price toward the 24,900 to 24,700 range should be viewed as buying opportunities. A stop-loss order should be set at 24,300, while potential upward targets are projected to be between 25,300 and 25,500 in the upcoming days.  The banking index slightly underperformed the benchmark index and closed with a positive price action for the week gone by, indicating buying at lower levels. The level of 54,400 will serve as crucial support for the index, while 57,100 will act as an immediate resistance level. The index showed volatility but recovered last week, and we expect bullish sentiment to continue. As long as it stays above the critical level of 54,400, positive momentum is anticipated, with buying opportunities at lower levels. We recommend maintaining a long position, viewing dips toward 55,900 to 55,500 as buying opportunities. Set a stop-loss at 54,200, with upward targets between 57,100 and 57,500 in the coming days. *MARKET OUTLOOK FOR THE NEXT WEEK WITH CRUCIAL LEVELS*  The benchmark index is expected to continue to trade with positive sentiment for the upcoming week. The support level for the index is placed at 24,700 – 24,400, and resistance is positioned at 25,250 – 25,500 levels.  The banking index is likely to trade in line with the benchmark index for the coming week. The support level is placed at the 55,400 – 55,000 level, and resistance at 57,100 – 57,500 level. *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.