Market Analysis of NSDQ on Thursday 30 May 2024

2024-05-30 18:02Source:BtcDana

NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW     

 NSDQ  is running in negative  trend and its immediate  strong resistance are 18670 to 18717 level  .It can fall below 18552 level from this resistance .Stop loss is 18765 level and intraday purpose targets are 18655,18630 and 18600 respectively.

 QUICK FUNDAMENTAL LOOK                                                                     

Wall Street index futures fell on Wednesday, with megacap stocks pressured as Treasury yields rose on concerns around the timing and scale of the Federal Reserve's interest rate cuts.

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

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