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.
US100 trade ideas
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.
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