Nifty Rebound Alive? Milan Vaishnav Sees 24,000, Bets on Asian Paints, Adani Power

• Milan Vaishnav believes Nifty 50's counter-trend rally can reach 24,000 if no new negatives emerge.
• He expects the 23,000 level to be defended even if the market consolidates.
• Bank Nifty's recent swing high of 55,500 may act as short-term resistance, but it could outperform Nifty.
• Vaishnav recommends Asian Paints and Adani Power for short-term gains, with potential returns of 7-8%.
• FIIs are net sellers but hold a net short position, potentially leading to a sharp short-covering move.