NSDQ TECHNICAL ANALYSIS SHORT TERM VIEW
NSDQ running in positive trend and its immediate strong support are 19000 to 19320 level . Stop loss is 19000 level and it can rise towards 20000 level . Intraday purpose buying is better for targets 19450,19480 and 19520 levels respectively with stop loss 19100 level . At level of 19937 there is double zigzag correction formed so NSDQ can rise in short term above 19937 level .5 minute chart showing calculation that stop loss is 19100 and it can rise above 19622 level .
QUICK FUNDAMENTAL LOOK
Futures tracking the tech-heavy Nasdaq and the benchmark S&P 500 were flat on Thursday, after AI-darling Nvidia's quarterly forecast failed to impress investors but a beat on both revenue and earnings expectations signaled resilient demand.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .