F&O Talk: Nifty’s break above 23,450 could push index to 23,650; Sudeep Shah picks Tech Mahindra, TCS strategy

What happened: Sudeep Shah of SBI Securities said Nifty has scope to recover if it holds 22,750, with IT, private banks and media leading, and flagged a break above 23,450 as potentially pushing the index to 23,650. Key numbers: Support at 22,750; resistance at 23,450; upside level of 23,650. Why it matters: He cited banking earnings, improving FII flows and continued large-cap outperformance, while warning that a durable reversal remains unconfirmed.

Nifty breaking above 23,450 could push the index to 23,650.

Nifty breaking above 23,450 could push the index to 23,650. — impact context not separately stored; see What changed.