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 23530 shown in chart . Intraday purpose selling is better for targets 23175, 23150 and 23125 levels respectively with stop loss 23530 level. Strong immediate resistance area is 23328 to 23485 level .
QUICK FUNDAMENTAL LOOK
Indian equity benchmarks rose on Tuesday after closing at seven-month lows in the previous session amid a sharp fall in the rupee and worries over domestic earnings.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .