NIFTY50 TECHNICAL ANALYSIS SHORT TERM VIEW
NIFTY 50 made ABC pattern correction and now it can fall below 23455 level with stop loss 23875 shown in chart . Intraday purpose selling is better for targets 23600, 23570 and 23540 levels respectively with stop loss 23875 level.
QUICK FUNDAMENTAL LOOK
The services sector growth was driven by demand buoyancy that pushed new business inflows higher, which supported output growth and prompted firms to recruit additional workers.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .