Market Analysis of NSDQ on Monday 21 September 2023

2023-09-22 01:05Source:BtcDana

NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW     

 NSDQ has strong support  14312 to 14933 levels and it can rise  towards 16000 sharply .Buying  is better with stop loss 15550 expecting upside intraday targets 15820,15850 and 15900 respectively. Calculation suggesting it should rise for 16000  without touch 13800 level .So overall stop loss is 13800 for main target 16000 sharply.

 QUICK FUNDAMENTAL LOOK                                                                     

Stocks fell and Treasury yields rose Thursday, pointing to a second day of weak market action triggered by the Federal Reserve.

The Fed yesterday held interest rates steady, but officials indicated that they expect to keep them elevated for longer than previously anticipated.

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

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