The Nifty index ended positively for the second consecutive day, mainly due to gains in the banking, metals, and pharmaceutical sectors. However, it encountered resistance near the 23,800 mark, leading to a slight decline in closing. Rupak De, Senior Technical Analyst at LKP Securities, noted that the index remains below the critical 20 EMA, indicating a bearish trend. A decisive move above 23,800 could lead to further gains towards 24,200, while failure to maintain above this level might result in renewed selling pressure. Analysts suggest buying Zydus Lifesciences at ₹993, targeting ₹1,063 with a stop loss at ₹960. The stock has shown recovery after forming a consolidation base, with positive momentum indicated by rising volumes and sustained RSI above 60. Additionally, Solar Industries is recommended at ₹16,665, with a target of ₹19,100 and a stop loss at ₹15,544. This stock has resumed its primary uptrend, supported by strong buying interest and healthy momentum, as indicated by an RSI above 65. Both stocks are expected to maintain their upward trajectory if they hold above their breakout levels.