NIFTY50 TECHNICAL ANALYSIS SHORT TERM VIEW
NIFTY50 running in wave 3 or wave c and now it can fall below 23175 level with stop loss 23370 shown in chart . Intraday purposeselling is better for targets 23225, 23200 and 23175 levels respectively with stop loss 23375 level.
QUICK FUNDAMENTAL LOOK
Indian shares fell on Monday, with HDFC Bank and Reliance leading the losses, after an unexpectedly strong U.S. jobs report signalled fewer rate cuts by the Federal Reserve amid persistent worries over slowing domestic earnings.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .