A break above 23,500 may clear Nifty’s path to 24,000

Technical charts, options data, and India VIX levels suggest possible consolidation for the Nifty within the 23,200-23,600 range this week. If the index anages to close decisively above 23,500, it could move towards 24,000, analysts said. M&M, TVS Motors, Bharti, Indian Hotels, ICICI Lombard, Cipla, JB Chemicals, harmabees, and Hindustan Zinc are some of the stocks recommended by the analysts for trading.

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Our selection criteria focused on stocks with a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum trading volume