Market Analysis of NSDQ on Friday 28 July 2023

2023-07-28 19:01Source:BtcDana

NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW   

  NSDQ  is running in positive trend and immediate good support area is 15524 TO 15667 . Wave 1 and wave 2 completed and wave 3 is going on presently and it  require minimum 16050 target  .Stop loss is 14370 and   it can jump directly for 16050 target in form of wave 5 shown on graph.1 minute chart showing target 16150 for  short term purpose with main stop loss 15370.Wave 1 and 2 is completed and wave 3 is running which can take it to sharply towards 15930 level non stop.

 QUICK FUNDAMENTAL LOOK                                                                     

NDX: Nasdaq Climbs 0.6% as Big Tech Earnings Light Up, Fed Decision Imminent,The Nasdaq Composite gained just over 85 points, or 0.6%, on Tuesday as money managers refreshed their optimism over the ongoing big tech updates.

POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

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