“Neutral on Nifty for the week beginning August 24, expecting it to remain range-bound. It sees 24,000 as crucial support, with a break below potentially leading to 23,800. On the upside, a decisive break above 24,370 could signal a reversal towards 24,500, followed by 24,800.”

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