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

Rising crude oil prices combined with ongoing tensions in the Middle East are influencing investor confidence negatively. Global markets are grappling with renewed inflation worries and high bond yields. If Nifty maintains its position above 24,284, it might indicate a rebound towards 24,400. Conversely, failing to surpass Thursday's peak points to a consolidation phase between 24,000 and 24,250.