NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW
NSDQ is running in positive trend and its major strong support are 18316 to 18560 level .NSDQ completed wave 4 and now it should rise for 19325 minimum target upside positionally with stop loss 18300 level .Very short term calculations showing 18750 stop loss and expecting 18950 level minimum .Immediate support are 18760 to 18793 level.Intraday purpose buying is better with stop loss 18750 level expecting intraday target 18940,18965 and 19000 level respectively.
QUICK FUNDAMENTAL LOOK
U.S. stock indexes opened higher on Friday, but the blue-chip Dow and the benchmark S&P 500 were set to snap four straight weeks of gains as inflation concerns rekindled monetary policy caution ahead of a long weekend.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.