Market Analysis of NSDQ on Thursday 6 JUNE 2024

2024-06-06 18:05Source:BtcDana

NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW  

 NSDQ  is running in positive  trend and its immediate  strong support are 18805 to 18904 level  .It can rise towards 18200 level from this support .Stop loss is 18800 level and intraday purpose targets are 18085,18110 and 18140 respectively.

QUICK FUNDAMENTAL LOOK

                                                     

The S&P 500 and Nasdaq indexes hit record closing highs on Wednesday, powered mainly by technology stocks as markets digested economic data that could support a much-expected start to the Federal Reserve's policy easing cycle.

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

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