NQCUSD trade ideas
NASDAQ moving well within the Channel & Levels mentionedNASDAQ moving well within the Channel & Levels mentioned.
No Major correction just normal running correction for 1-2 days & Then upmove to start again.
Time to Accumulate IT at lower levels for long term gains.
Happy Investment.
Short sell NasdaqThe index is exhibiting the bearish divergence on the hourly timeframe. It is already quite extended and is also now forming dark cloud cover candlestick pattern which is a bearish pattern. There is also a resistance here on the daily charts. All put together looks like a good short sell.
NAS100USD TRADING IDEASNAS100USD already i a bullish trend market gives a pullback in a decent zone .
marked poi zone is totaly imb and candel tooks all liquidity entry will be proper 1 min choch with idm
NASDAQ trade SetupHere is the trade setup for the NASDAQ.
Purely bearish now, once the swing structure changes everything will be flip from bullish to bearish.
OPEN MY LEVELS IN 5MIN.
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
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.
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
