Avoid averaging stocks that are hitting 52-week lows: Axis Securities

For the week, Axis Securities expects the index to trade in a 10,550-10,820 range.    On the weekly chart, the index has formed a Doji candlestick formation, indicating indecisiveness among market participants regarding the market’s direction. Since the past seven weeks, the index has...

Top 10 expert moneymaking ideas for the short term

The Nifty closed last week with a positive bias, but below its crucial level of 10,700, which suggest that bears are not ready to give up yet. The index is likely to consolidate in a range in June series as we head towards two crucial events: Monetary Policy Committee and US Federal Reserve policy...

Nifty upside capped at 10,790;Ideas that could return up to 12%

We expect the Nifty to remain range bound on a weekly basis, with the upside and downside capped at 10,790 and 10,570 levels, respectively.   The Indian equity market continued to trade sideways during the week gone by in the backdrop of May series expiry and several other domestic and global...