Nifty and Nifty Bank futures show potential for a rally despite recent declines, with key support levels intact.

Nifty 50 struggles below 24,400; traders advised to stay out until a breakout occurs in the 24,350-24,470 range.

Nifty remains range-bound amid falling volatility, with 24,200–24,150 as key support and 24,550–24,600 as resistance. Options data shows strong Put writing, suggesting limited…