Nifty eyes breakout but faces stiff resistance near 25,000

The Nifty 50 slipped on Monday, failing once again to breach the psychological 25,000 mark decisively. As expiry nears and options data tighten around key levels, analysts caution that a breakout or breakdown from the current range could set the stage for a bigger move. They suggest waiting for a move beyond 25,200 or below 24,800 before taking fresh positions.