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AbNamjoshi

Chart of the week. Nasdaq.

Short
Nasdaq 100 Index (NASDAQ_DLY:NDX)  
AbNamjoshi  
NASDAQ_DLY:NDX   Nasdaq 100 Index
Head and Shoulders Trend Analysis Technical Indicators
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headandshoulders trendanalysis indicator
Nasdaq has given a clear break down of head and shoulder trend reversal pattern on its daily chart. The chart is extremally weak and we can witness more correction in IT stocks. The SL should be followed on daily closing basis.

CMP - 14,180 (28/10/23)
T - 13800, 12600
SL - 14550 D
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