Nifty 50, Bank Nifty: Oil Surge & Iran Tensions Threaten Rally; Key Levels to Watch

• Nifty 50's recent rally may not sustain due to bearish momentum and surging oil prices amid escalating Iran tensions.
• Nifty 50 faces resistance above 25,230; key support at 24,500, with 24,300 as a crucial level.
• Bank Nifty is unlikely to hold above 59,000; 58,500–58,400 is expected to act as a key support zone.
• Experts advise a cautious approach, with strategies ranging from buy-on-dips to selling on rises, depending on index movements.
• On March 5, Nifty 50 rallied 285 points to 24,766, and Bank Nifty jumped 301 points to 59,056.