NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW
It is running in positive trend and it is running in wave 5 so it can jump towards 15283 levels non stop .Important support 14862 TO 15010 level as shown in graph.Intraday stop loss is 14685 for upside targets towards 15283 .From 15250 level it is looking irregular correction made so it can sharply jump above 15283 or higher levels.Positional stop loss is 13800 for main target 17000 because nasdaq is going for major wave 5 and its minimum target is 17000.
QUICK FUNDAMENTAL LOOK
Dow ends 270 points higher, Nasdaq closes flat on upbeat economic data. Federal Reserve Chairman Jerome Powell on Thursday also downplayed concerns that the Federal Reserve might be at risk of going too far with its rate hikes, at a meeting with other global central bankers in Spain, while also saying that coming rate decisions would be decided on a meeting-to-meeting basis.