Market Analysis of NSDQ on Tuesday 1 August 2023

2023-08-01 19:24Source:BtcDana

NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW    

 NSDQ  is running in positive trend  . Wave 1 and wave 2 completed and wave 3 is going on presently and it  require minimum 16050 target  .Stop loss is 14580 and   it can jump directly for 16050 target in form of wave 5 shown on graph.It can sharply jump above 15930 without touch 15580.Near strong support is 15630 to 15690 levels.

 QUICK FUNDAMENTAL LOOK                                                                     

U.S. stock futures were trading within a tight range during Monday's evening deals after major benchmark averages posted moderate gains as investors look toward a fresh deluge of quarterly earnings results throughout the week.

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

More