NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW
NSDQ has strong resistance 14873 to 15000 levels as green box marked in graph .At 14505 level double zigzag correction or irregular correction formed so it can fall below 14505 level and overall stop loss for downtrend is 15000 .Trend is negative now so selling is better with stop loss 15000 expecting downside targets 1580,15550 and 15505 respectively.
QUICK FUNDAMENTAL LOOK
Short positions on U.S.-listed Chinese stocks jumped to the highest level in a year this month as the U.S. Federal Reserve's hawkishness on monetary policy pressured global markets, Morgan Stanley said.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.