Vinay Rajani, a senior technical analyst at HDFC Securities, believes the Nifty index is poised to reach 24,800 following a significant 2,200-point rally from 22,200 to 24,400. He sees the current pause as a consolidation phase rather than a reversal, supported by strong market participation and healthy sector rotation. Rajani recommends traders to buy on dips between 24,000 and 24,100, indicating that this range represents a strong short-term support zone. He also highlights CG Power as a top pick, noting its recent breakout from a downward trendline, with a suggested entry price of ₹772, a stop loss at ₹755, and a target of ₹805. Additionally, he identifies Pidilite Industries from the FMCG sector as having potential for short-term gains, recommending an entry around ₹1,385, a stop loss at ₹1,350, and a target of ₹1,470 within three to four trading sessions.