Market Analysis of NSDQ on Wednesday 30 August 2023

2023-08-30 12:30Source:BtcDana

NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW     

 NSDQ has strong support 15155 TO 15260 levels as immediate support and major support 14850 to 15041levels .It has made double zigzag correction from top and its main target is 15932 level as shown in graph . Trend is positive so buying can be done with stop loss 15150 expecting 15450, 15480 and 15550 levels respectively.

 QUICK FUNDAMENTAL LOOK                                                                     

Equal-weighted exchange-traded funds (ETFs) have attracted record investments in recent months as signs of an improving U.S. economy and towering valuations of megacaps push investors to look for bargains in traditional economy-linked sectors.

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

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