Stock market today: Why is Nifty 50 finding it tough to break above 24,000?

Nifty 50 has rallied over 800 points (3.5%) in three sessions, trading near 23,950, but struggles to decisively breach the 24,000 level due to heavy call writing at that strike for the weekly expiry. The rally is supported by a US-Iran peace deal announcement, a sharp decline in crude oil prices, and resilient domestic liquidity. Experts identify 23,790-23,810 as crucial support and 24,040-24,060 as immediate resistance, with a breakout above that zone potentially triggering a move toward 24,200-24,350.