LKP analyst sees downside risks for Nifty and Bank Nifty, rebound possible for Swiggy
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
LKP Securities Vatsal Bhuva sees continued downside risks for Nifty and Bank Nifty, while identifying potential rebounds in Swiggy and HDFC Bank. He also recommends Oriental Hotels and Apollo Hospitals, citing improving technical indicators and favourable chart setups.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishTechnical view from an Indian analyst on major indices and selected stocks.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01LKP Securities sees continued downside risks for Nifty and Bank Nifty.
- 02Potential rebounds are identified for Swiggy and HDFC Bank.
- 03Oriental Hotels and Apollo Hospitals are recommended for favourable chart setups.