Market Watch : Caution resurfaces ahead of Fed speech and US Jobs data

2025-03-07 09:32:27 am | Source: Geojit Financial Services Ltd

Market Watch : Caution resurfaces ahead of Fed speech and US Jobs data - Geojit Financial Services Ltd

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Nifty Outlook

While we raised our upside target steeply to 23000 yesterday, we had also pencilled in the possibility of a challenge emerging as soon as we approach 22513. Towards this end, we are less inclined to chase prices higher today, and would rather wait for dips to 22470-400 region before re attempting buys. Alternatively, slippage past 22360-322 region could force us have a re look at the prospects of 23000, but we see low odds of requiring us to do that.

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Market Watch : Caution resurfaces ahead of Fed speech and US Jobs data - Geojit Financial Services Ltd

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