Nifty Expected to Consolidate Further, Analyst Picks Three Stocks

F&O Talk: Nifty to consolidate further, says Sudeep Shah; picks 3 stocks for next week

SBI Securities’ Sudeep Shah expects Nifty to remain range-bound, with 24,000 as key support and 24,500 as resistance. He warns of underpriced options-market tail risks amid low volatility. Bank Nifty remains compressed, while Nifty IT faces support at 30,000. AU Small Finance Bank, Aditya Birla Capital and Nippon Life offer setups.