Market Analysis of NSDQ on Tuesday 13 AUGUST 2024

2024-08-13 19:53Source:BtcDana

NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW    


  NSDQ running in negative trend and its immediate strong resistance are 18635 to18667 level .  Stop loss is 18720 level and it can fall towards 18485 level  . Intraday purpose selling is better for targets 18545,18530 and 18510  levels respectively with stop loss 18720 level .


QUICK FUNDAMENTAL LOOK  

                                                                 

U.S. stock index futures were mixed on Tuesday ahead of producer prices data that will likely offer some clues on the progress in the Federal Reserve's interest-rate path, while Home Depot slid after the company cut its full-year profit forecast.


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

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