You best come from Allenby Street. The market is open from Sunday-Friday. Mostly, food and every day goods are sold here making it more a market for Tel Aviv inhabitants. However, in the last few years many restaurants, bars, cafes and food stalls have opened making this the perfect spot for a lunch break or food tour.
Next to it is the Art Market (Nahalat Binyamin) so you should have a look at the Carmel Market to get a feeling for Israeli Markets.