Market Analysis of NSDQ on Friday 23 May 2024

2024-05-24 18:22Source:BtcDana

NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW     

   NSDQ  is running in positive  trend and its major  strong support are 18316 to 18560 level  .NSDQ completed wave 4 and now it should rise for 19300 minimum target upside positionally with stop loss 18300 level .Intraday purpose buying is better with stop loss 18300 expecting intraday target 18690,18720 and 18750 level respectively.

 QUICK FUNDAMENTAL LOOK                                                                     

The tech-heavy Nasdaq climbed on Thursday as investors cheered AI chip leader Nvidia's blowout revenue forecast, but persistent worries about U.S. inflation limited gains in the broader U.S. market.

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

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