NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW
NSDQ is running in negative trend and its immediate strong resistance are 18157 to 18193 level .Intraday purpose selling is better with stop loss 18250 expecting intraday target 18205,18200 and 18190 level respectively . It can fall towards 18170 target or lower until this resistance holds.5 minute chart showing abc downside irregular patter which means it can fall towards 18140 level with stop loss 18250 level .
QUICK FUNDAMENTAL LOOK
U.S. stock indexes were set to open higher on Monday, nearing record peaks following a recent run of gains, with investors awaiting key inflation figures this week to gauge the likelihood of interest rate cuts in 2024.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.