NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW
NSDQ is running in downtrend and its trend is negative and its resistance area is 14611 to 14725 and overall final stop loss 14940.It can decline below 14400 level in form of wave 5 as shown in graph.Intraday purpose we can sell it at present levels with stop loss 14950 for 14650,14620 and 14580 targets respectively.
QUICK FUNDAMENTAL LOOK
Nasdaq futures are trending down -0.61% this morning as disappointing results from Alphabet’s cloud business overshadowed upbeat earnings results from Microsoft while investors looked ahead to the next round of corporate earnings.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.