Pre-market action: Here's the trade setup for today's session

Pre-market setup for the session indicates Nifty resistance at 24,500 with immediate support at 24,000 and further support at 23,800, with volatility expected to remain elevated during the weekly expiry session. India VIX fell 1 percent to 12.84, signalling easing fear. The rupee depreciated 30 paise to close at 94.63 against the US dollar. Kaynes is in the F&O ban list for crossing 95 percent of the market-wide position limit.