📊 NASDAQ 3rd 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 21,031.

📉 Key Levels

🛑 Resistance (Above DCMP)

Resistance 1: 21,748

Resistance 2: 21,902

Resistance 3: 22,150

✅ Support (Below DCMP)

Support 1: 20,848

Support 2: 21,097

Support 3: 20,690

📉 Swing Levels

Swing High: 22,143

Swing Low: 20,720

📋 Summary of Analysis

The current market price of 21,031 indicates that key resistance levels above this price include 21,748, 21,902, and 22,150. The support levels below this price are 20,848, 21,097, and 20,690. The swing high stands at 22,143, while the swing low is at 20,720.

💼 Suggested Trades

📈 Intraday Buy Trade

Entry Price: ✨ 20,848

Stop Loss: ❌ 20,690

Take Profit 1: 🎯 21,097

Take Profit 2: 🎯 21,748

📌 Reason for Entry

The price is approaching a key support level at 20,848, presenting a favorable buying opportunity based on technical analysis.

📉 Intraday Sell Trade

Entry Price: ✨ 21,097

Stop Loss: ❌ 21,748

Take Profit 1: 🎯 21,031

Take Profit 2: 🎯 21,902

📌 Reason for Entry

Resistance at 21,097 indicates a potential selling opportunity, with targets set above 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! 🚀