Nifty concluded its trading on Monday with a strong performance, marking the third consecutive day of gains. The index has formed a bullish candle, indicating a positive shift in market sentiment. Analysts predict further upward movement towards 23,200 and 23,400 levels, with support now at 22,500. Nilesh Jain, Vice President at Centrum Finverse, notes that the Relative Strength Index (RSI) is showing improving sentiment, although the India VIX remains high at around 25. Traders are advised to monitor volatility closely for sustained bullish momentum. Among the recommended stocks, Granules India is expected to rise 6% to ₹685, supported by a strong bullish breakout and rising volumes. RBL Bank is also highlighted, with a target of ₹336, indicating a 6% potential gain following a consolidation breakout. Adani Green is projected to reach ₹960, reflecting strong bullish momentum. Other picks include Bank of Baroda, with an 8% upside potential, and Kalyan Jewellers, expected to rise 5%. Analysts emphasize buying on dips while maintaining strict risk management.