Market Analysis of NSDQ on Monday 20 July 2023

2023-07-20 18:48Fonte:BtcDana

NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW    

 NSDQ  is running in positive trend and immediate good support area is 15524 TO 15667 . Wave 1 and wave 2 completed and wave 3 is going on presently and it  require minimum 16050 target  .Stop loss is 14400 and   it can jump directly for 16050 target as form of wave 5 shown on graph.Also it can jump for 16300 target .Intraday purpose we can buy it with stop loss 15400 for rally over 15930 because it is looking as irregular correction made at 15930 level.

 QUICK FUNDAMENTAL LOOK                                                                     

The Nasdaq Composite added 0.93% to start the trading week as investors begun to shift their focus on the looming second-quarter earnings figures from big tech companies.

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

Mais