New Delhi, July 28 -- Stocks to buy for the short term: The Nifty staged a solid rebound on Monday, 27 July, ending 1% higher at 23,996, above the 55-day EMA (exponential moving average) near 23,980, reflecting strengthening bullish momentum.

Experts highlight that a decisive close above 23,900 has negated the recent short-term bearish bias and improved the overall chart structure.

Vishnu Kant Upadhyay, AVP-Research at Master Capital Services, noted that the index is now trading above its key short-term moving average, indicating sustained buying interest and positive price action.

"Going ahead, 23,600 remains immediate support, while the 23,850-23,900 zone is likely to attract buying on dips. On the upside, the 100-day EMA near 24,140...