“Axis views the Nifty's short-term trend as bullish, expecting an upside to 24,600-25,300 levels. This outlook is based on a bounce-back rally from the crucial multi-month support zone of 22,500-22,300, reflecting positive market sentiments. Investors are advised to adopt a buy-on-dips strategy, with 23,500-22,500 acting as strong demand zones, though a weekly close below this could signal weakness.”

Axis Securities Analysis’s track record (trackable calls only): 14 graded calls · 95% CI 8–48%