Market Analysis of NSDQ on Thursday 18 JULY 2024

2024-07-18 12:07Source:BtcDana

NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW    


 NSDQ running in negative trend and its immediate strong resistance are 20000 to 20110 level .  Stop loss is 20150 level and it can fall towards 19570 level  positionally . Intraday purpose selling is better for targets 19840,19820 and 19780  levels respectively with stop loss 20150 level .


QUICK FUNDAMENTAL LOOK  

                                                                 

Indexes were set to open lower on Wednesday, as declines in major chip and tech stocks led broad-based market losses amid a slew of corporate results and the prospect of tougher U.S. trade restrictions being imposed on Chinese chips.



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

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