Market Analysis of NSDQ on Wednesday 8 May 2024

2024-05-08 18:02Source:BtcDana

NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW     

  NSDQ  is running in positive  trend and its immediate  strong support are 17816 to 17942 level .Intraday purpose buying is better with stop loss 17800 expecting intraday target 18130,18160 and 18200 level respectively .Trend is positive and it can rise towards 18500 target until this support holds.

 QUICK FUNDAMENTAL LOOK                                                                     

U.S. stock index futures indicated a mixed open on Tuesday after recent gains on expectations that the Federal Reserve will cut interest rates this year, as shares of Walt Disney slid following quarterly results.

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

More