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

Analyst Sudeep Shah expects Nifty to recover if it holds 22,750, with IT, private banks, and media leading.

He highlights key resistance levels, banking earnings, improving FII flows, and continued large-cap outperformance.

However, Shah warns that a durable reversal remains unconfirmed.