The Nifty index remains in a tight trading range, with 24,600 acting as a significant resistance level and 23,800 providing support. Analysts highlight mixed signals in the market, suggesting a cautious approach as heavy call writing indicates limited upside potential. A recent breakout above 24,300 briefly pushed the index past 24,400 before a pullback. If Nifty can sustain above 24,400, it may target 24,600 and 24,800. Conversely, a drop below 23,900 could negate the bullish setup and lead to consolidation. The Bank Nifty has also shown improvement, breaking out of a falling trendline, but faces a key resistance at 56,500. Traders are advised to adopt stock-specific strategies as the market remains range-bound. Key stocks for the week include Latent View Analytics, Protean eGov Technologies, Sonata Software, and Mahindra & Mahindra Financial Services, each with specific buy targets and stop-loss levels.