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The Economic Times
The Economic Times
Business
Nikhil Agarwal

Nifty may rebound to 23,800; Rupak De picks Apollo, Laurus Labs and Eternal for the week

After five straight weeks of losses, the Nifty may be setting up for a short-term rebound toward 23,600-23,800, provided it holds above the crucial 23,300 mark, according to Rupak De, Senior Technical Analyst at LKP Securities. While the broader weekly setup remains bearish and a durable bottom is yet to be confirmed, De sees scope for a tactical pullback and is betting on Apollo, Laurus Labs and Eternal as his top stock ideas for the week.

Edited excerpts from a chat:

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