Retaining series of ascending tops and bottoms, Nifty continued to trend higher, another positive close ensures key support near 24500, while stability to lift the index further higher till 24950. BankNifty reclaimed levels of 51k; as long as levels of 50500 are intact, gradual rally in the near term is expected till 51500-52k. Mid-Smallcap 100 indices remained steady and have more room on the upside to outperform.