Money making ideas: 10 stocks to buy in the first week of January 2019 for short-term gains Updated : December 31, 2018 02:43 PM IST The Nifty index witnessed a strong recovery from lower levels in the truncated week and reclaimed its 10,800 zones. The index is now trading above its crucial short-term moving averages such as 5-days exponential moving average (EMA), 13-EMA, as well as 20-EMA. Published : December 31, 2018 02:43 PM IST