📊 NASDAQ 2nd January 2025 Daily Analysis Based on Main Key Levels

Current Market Price (DCMP)

As of now, the Daily Current Market Price (DCMP) for NASDAQ is 21,173.

📉 Key Levels

🛑 Resistance (Above DCMP)

Resistance 1: 21,748

Resistance 2: 21,902

Resistance 3: 22,150

✅ Support (Below DCMP)

Support 1: 21,097

Support 2: 20,955

Support 3: 20,848

📉 Swing Levels

Swing High: 22,143

Swing Low: 20,720

📋 Summary of Analysis

The current market price of 21,173 indicates that key resistance levels above this price include 21,748, 21,902, and 22,150. The support levels below this price are 21,097, 20,955, and 20,848. The swing high is at 22,143, while the swing low is at 20,720.

💼 Suggested Trades

📈 Intraday Buy Trade

Entry Price: ✨ 21,097

Stop Loss: ❌ 20,955

Take Profit 1: 🎯 21,200

Take Profit 2: 🎯 21,250

📌 Reason for Entry

The price is approaching a key support level at 21,097, presenting a favorable buying opportunity based on technical analysis.

📉 Intraday Sell Trade

Entry Price: ✨ 21,250

Stop Loss: ❌ 21,748

Take Profit 1: 🎯 21,200

Take Profit 2: 🎯 21,100

📌 Reason for Entry

Resistance at 21,250 indicates a potential selling opportunity, with targets set below this level.

📝 Conclusion

This analysis provides a concise overview of key levels and trade opportunities for NASDAQ. By monitoring these levels, traders can make informed decisions in the current market environment. Stay tuned for more insights and happy trading! 🚀