Market Analysis of NSDQ on Tuesday 15 May 2024

2024-05-15 17:39Source:BtcDana

NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW     

  NSDQ  is running in positive  trend and its immediate  strong support are 18235 to 18275 level  . It can rise above 18357 target  until this support holds.5 minute chart showing irregular correction upside at level of 18357  which means it can rise sharply above  18357 level  with stop loss 18220 level .Intraday purpose buying is better with stop loss 18220 expecting intraday target 18340,18355 and 18370 level respectively

 QUICK FUNDAMENTAL LOOK                                                                     

Gold futures rise 0.4% to $2,369 a troy ounce, as the market turns its attention to crucial U.S. CPI data due later.

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

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