Anand James, Chief Market Strategist at Geojit Financial Services, predicts a W-shaped reversal in Nifty, with support at 22,000 and potential resistance near 23,000. He discusses the underperformance of Nifty Bank despite RBI's liquidity support, the fall in Gensol Engineering shares, and the small-cap index's performance. James recommends buying EPL with a target price of Rs 225.
