NAS100 trade ideas
NASDAQ Hourly Charts shows CUP / Handle FormationNASDAQ Hourly Charts shows CUP / Handle Formation ... Charts are still Bullish nothing to worry with small corrections on the Index.
Just to Update all don't worry with small corrections on Index ... we are still in uptrend ... Trends don't vanish in a day or 2.
Nasdaq this year target 13055 or 14450 I'm expecting Nasdaq to test 13055 in eight months, if it recovers faster 14450 in six months based on support and resistance Trendline with Fibonnacci levels
NasdaqKeep it 5min timeframe then you will get important lines which you have to follow you please go through that and market will be upside.
NASDAQ Hourly showing CUP Pattern BreakoutNASDAQ Hourly showing CUP Pattern Breakout ... Targets coming 3.5% upside in next 5 days.
Indian IT Index should Perform along with NASDAQ & show some good upmove Pushing Nifty also up.
Nifty Targets for next 5 Days 2-3% upside from current Levels.
This is Just for study purpose no Trade on NASDAQ.
NIFTY Targets can be Projected - 19900 in next 5-10 days in correlation with NASDAQ.
Nasdaq may resist up move.After 50 % up move nasdaq is showing some fatigue. No index stock make o e side up m94ve or Down move it always retrace after 25% or 50 %. Nasdaq is showing signs of retracement.
1 distance b/w 20 and 50 Denma is 1000.
2 Nasdaq had broken 1st support line.
3 Nasdaq is half way to 0.218 retracement level which is @4197.
So 4197 is imminent.
NasdaqMarket goes upwards from the point of 14888 then after you can follow the important points to crack the market.
NasdaqWait till market gets retrace 14775 and comes down fully negative market. Keep it in 15mins timeframe you will get important lines.
NasdaqMarket will go upside from 14849 it comes to that point and starts going upside by the time of US market starts. Also follow the important points.
NDX Nasdaq 100 Index DAILY CANDLE ANALYSIS VIA SUPPORT RESISTANNDX Nasdaq daily candle analysis
buy near 12250
stop loss 11790 target 14260
around 16% upside possibility with strict stop loss 11790 on closing basis
SHORTSell NAS100 at the current price and let it drop. TP's and Sl are as show on the chart. Happy new week. And Happy Majita day
US100 Is at resistance level.US100 is at critical resistance zone of channel,
a fall from here could trigger or it may consolidate for some time.
not a trading reco.
NASDAQ Forming CUP Pattern on Daily ChartsNASDAQ is forming CUP Pattern on Daily Charts & the breakout will give Boost for more upside.
Targets 30-40% upside in 1-1.5 Years
This should give Boost to Indian IT Index ... Expecting New Rally to start on Indian IT stocks with 40-50% upside in coming 1-1.5 Years.
Top Picks in IT Packs are:
TCS
BirlaSoft
Persistent
LONGWaiting for a breakout on the structure then we buy and hold tp and sl as shown. For more Idea like and follow
Bearish Harmonics In NasdaqBearish Shark
Sell PRZ - 14625/14791
SL - 15275
Target - 13125/12600
If Breaks 15275
Bearish Alt Shark
Sell PRZ - 15765/15826
SL - 16400
Target - 13765/13100
NDX (1D)The Nasdaq symbol is in a bullish channel on the daily time frame. It is currently below the important resistance of 61 Fibonacci. And we expect to react to this resistance and correct the price up to 13,615. And if this resistance is broken, the target is 15,380
Long position in NASDAQMaintain hold and buy on dips
The chart reflects uptrend and a significant upward move after the fall
Educational purpose only, not a recommendation
#NDX NasdaqSeems like a textbook Wave with ABC being completed after the 12345. In the larger scheme, once the 200ema is negotiated - this could be heading much higher
