As long as the Nifty 50 trades below the 24,700–24,800 resistance zone, the range-bound movement is likely to continue, with immediate support placed in the 24,500–24,400 zone. A decisive break below this support could strengthen the bears. However, a decisive move above the 24,700–24,800 hurdle may pave the way for an upmove towards the 25,000 mark.