From ITC to Infosys, these are Choice Broking's top 5 technical picks for 2023

The calendar year 2022 saw roller-coaster-like volatility with the Nifty index hitting a low of 15,191.10 in June. However, some recovery was seen in the second half of the year as the index pared losses to reach a new record high of 18,887.60 in early December. Currently, the index is hovering around the upper band of the range amid mixed signals from the global front, especially the US markets. From the medium-term perspective, Nifty should hold decisive above 18,700 to start the next leg of the up-move, else the time-wise correction would continue. Keeping in mind the scenario, brokerage house Choice Broking has identified a list of 5 stocks. Let's take a look: