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Dinesh_C_Nagpal

HANG SENG

Long
Hang Seng Index (TVC:HSI)  
Dinesh_C_Nagpal  
TVC:HSI   Hang Seng Index
Harmonic Patterns Trend Analysis Chart Patterns bluechips4uharmonics bluechips4u harmoniccypher harmonicbutterfly hangsengindex hsilong harmonicsignals harmonicpatternspotential
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harmonicpatterns trendanalysis chartpattern bluechips4uharmonics bluechips4u harmoniccypher harmonicbutterfly hangsengindex hsilong harmonicsignals harmonicpatternspotential
Hello & welcome to this analysis

HANG SENG is entering the PRZ of two bullish Harmonic Trading Patterns in the monthly time frame, Cypher and Butterfly.
The index has been in a downtrend since 2017, the potential reversal zone is between 14450-13950 would also coincide with a probable parallel channel starting from 2008.
In India the Nippon India ETF Hang Seng Bee (HNGSNGBEES) is listed in BSE. One can look at it from a medium to long term investment perspective since this is a monthly reversal signal coming up.

Happy Investing
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