Market Analysis of NSDQ on Friday 21 JUNE 2024

2024-06-21 18:12Fonte:BtcDana

NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW  

 NSDQ  is running in wave 5 and it is running in extended zone and generally wave 5 completes 100 % limit i.e 20180 level  .It can fall towards 18200 level from present level .Stop loss is 20100 level and intraday purpose targets are 19670,19640 and 19600 respectively.

QUICK FUNDAMENTAL LOOK

 The S&P 500 and the Nasdaq were on track to open higher on Thursday propelled by a rally in Nvidia, while investors assessed the recent economic data and commentary from Federal Reserve officials to firm up bets on interest rate cuts this year.                                      

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

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