The Nifty index experienced a sharp pullback recently, but Nagaraj Shetti, Senior Technical Analyst at HDFC Securities, suggests this is merely a technical dip within a broader recovery. He identifies strong support levels at 23,500 to 23,400 and anticipates a bullish move above 24,000 to 24,100 could lead to further gains. Shetti highlights Glenmark Pharmaceuticals and Oberoi Realty as two promising stocks for investors. Glenmark is currently consolidating, with a buy level at ₹2,205 and a target of ₹2,310. Meanwhile, Oberoi Realty has shown strong momentum, trading at ₹1,684 with a target of ₹1,800. Shetti's analysis indicates that the formation of a higher bottom on the Nifty is a significant shift, suggesting that the risk of missing out on potential gains is increasing for investors.