QMOMQMOM has consolidated well in previous 3 years before giving this BO however considering broader mkt sentiment it has to take mild hit. after the bounce it may given handsome up move in next 3 -4 yrs
ETF
SILVERHello & welcome to this analysis
In the short term it appears to be under pressure mainly due to the strength seen in DXY.
In the medium to long term its in the completion of a very large breakout, we might not see the current price level for decades after 1-2 quarters of 2025
All the best for your Investing and Trading
HANG SENG / MIRAE ETFHello & welcome to this analysis
Hang Seng will it turn up from here or will it remain an underperformer compared to other global indexes.
Covered the index and Mirae ETF for HK
Happy Investing
IT Bees looks good for a positional medium-term play.#tradeideas #ITbees.
Looks good for a positional medium-term play.
-Nifty IT along with BN is supporting Nifty.
-IT sector shows resilience in this market fall.
- Positivity in US market (NASDAQ)
- Easy to get in and out. Good liquidity.
What could go wrong?
- Overall bearish sentiments in our market. If NIFTY were to fall further, IT would follow suit.
- Dependent on NASDAQ move, so pay close attention
to US markets.
Overall this is a low-risk setup. Risk is only 6.5-7%. Build positions sensibly. Risk management is key. Do not put all your money at once. And respect the SL. Building this position early because if we were to get a reversal soon then the rewards will be good. If the reversal is not sustained then our risk is still less.
This is just a view and chart shared for educational purposes only.
Midcap Momentum: Will Resistance Break or Bears Take Control?This chart depicts a technical analysis of the NIP IND ETF MIDCAP 150, likely with daily candlesticks. Here's a detailed breakdown:
### Key Observations:
1. **Support and Resistance Levels**:
- **R3 (Blue)**: Significant resistance near 220.82.
- **R2 (Green)**: Intermediate resistance around 215.99.
- **R1 (Orange)**: Support at 209.87.
- **S1 and S2 (Yellow and Purple)**: Further support levels at 204.00 and 199.79, respectively.
2. **200-Day SMA**:
- The blue line represents the 200-day Simple Moving Average (SMA) at 206.18, a crucial long-term trend indicator. The price is currently above the SMA, suggesting bullish momentum in the longer term.
3. **Price Action**:
- The price recently rebounded from a support zone near 204 and is now testing intermediate resistance levels.
- The formation of red candles near resistance (R2) indicates selling pressure, but a break above could indicate further upside potential.
4. **RSI Indicator**:
- The RSI (Relative Strength Index) at 39.20 is in the lower neutral zone, suggesting slight bearish momentum. However, it is rising, indicating potential recovery.
### Potential Outlook:
- **Bullish Scenario**:
- A close above 215.99 (R2) could lead to a retest of 220.82 (R3). Sustained momentum above R3 could indicate further upside.
- **Bearish Scenario**:
- Failure to hold above 209.87 (R1) might see the price revisit 204.00 (S1) or even 199.79 (S2).
### Recommendation:
- Monitor RSI and the price reaction near resistance levels.
- For a long trade, consider entering on a breakout above 215.99
- For a short trade, watch for a rejection at current levels and target supports near 204.00 or 200.
Would you like further analysis or specific trade setups based on this chart? Comment down
Niftybees look good -for conservator traders. #Niftybees- Conservative traders can go long in NIFTY Bees. If the market is to resume the uptrend then this will be a good option for those who don't want to participate in F&O.
Fed Rate Cut and Impact on India's Bond Yields, INR and EquitiesThis video gives an overview of how Indian economy performed during the post covid era, vis-a-vis other countries and using that performance as a benchmark, it explains that as US starts to cut rates, how Indian economy, bonds, currency and equities will likely perform
BankBees ETFHello,
For the conservatives and portfolio holders this is a BANKBEES technical chart analysis.
Pressure in the banks and take it to the channel bottom. More pressure can lower it to the yellow channel.
Upside looks excellent based on global cues and market sentiments.
Buying:
Closer to the channel bottom.
MAFANG ETF BULLISHMAFANG ETF BULLISH
forming classic elliott wave
In it's 4th wave
Anytime from now it will make 5th wave
More than 15% move may go upto 50%
Let's see.
ICICI SILVER ETF View for wealth generateIn global market silver is not very right position. So many retailer are entering into the commodity market .
Basically buy on dip for 1-2 years. Technical expectation price will be react 100 in next 3-5 years.
It's a good time to invest.
$BTC | 1H: Today PlanSellers have dominated the #Bitcoin today, leading to a bearish trend with more red candles expected.
However, a potential bounce is expected around the $61k POI as Bitcoin ETFs are set to launch in Hong Kong tomorrow. LFG!
Previous Day:
VAH: $63960
POC: $63667
VAL : $63440
Date: 29 Apr 2024
Hang Seng Tech - Defining MomentHSTECH has gone through a deep correction in last few years.
My wave counts suggest that the bottom has been made and it's the beginning of the next leg up/ or at least a big enough pullback of the entire fall - in any case a good bullish trade.
We have completed Wave 1 and 2 and Wave 3 has begun.
Within wave 3, just minor 1 and 2 have been done and we are in 3 of 3.
View negates if we break 2990.
MAHKTECH is an ETF in India for trading this index.
Disclaimer: Invested.
TATA GOLD ETF good position for LONGGold is now near all time high. And this will touch the sky in future.
Buy on dip for minimum 5-7 years .
Very good result after 10-15 years.
This is the right time to invest and make wealth in commodity.
VERASITY Ready for $0.1 in Bull Market?#VERASITY
Super bullish on the HTF.
bottom has been tested 3 times but no luck breaking it.
I'm Bullish on NASDAQ:VRA till $0.1 ( 20x )
Ethereum Ready to $3000 ?#ETHEREUM Ready for $3000
As per the chart, CRYPTOCAP:ETH Broke $2380 Resistance and trading above Resistance.
We can see $3000 in a Few Days but Must hold $2340 Support.
#Cryptocurrency
Bitcoin Bearish Retest Complete ?Bitcoin Chart Analysis:
As per chart Bitcoin Currently trading at bearish Retest.
I am Expecting it can go down Again before the Retest is complete.
My Target: $32000-$34000
Retest Level: $43500-$44000
Chart Invalidated above $44000 level.
Bitcoin LTF Chart Analysis#BITCOIN LTF Bearish Update:
CRYPTOCAP:BTC Currently Trading in Bearish as per Fractals.
If this Bearish Fractals work then Next Stop will be at $36800
Current Sequence According This Fractals:
$40800 ➡️ $36800 ➡️ $38800 ➡️ $35000
Note: LTF Fractals Invalidated if #BTCUSDT 2H candle Closed above $41000
PolkaDot $50 Potential as per Chart After BreakoutI am Trying to buy CRYPTOCAP:DOT at every big dip.
Accumulation Zone: $4.50-$5.50
Targets: $20/$30/$50/$70
Polkadot is $50 Potential in Bull Run.
#NFA
Will Solana Hit $500 in Bull MarketAS per chart I am Bullish on SOLANA.
Before Big relly we can see retracement till $40-$50
Which will be good entry zone for long term.
I am Expecting CRYPTOCAP:SOL will hit $500 in bull market.
Bitcoin LTF Bullish BreakoutCRYPTOCAP:BTC
What will you do after #BTCUSDT breakout in LTF?
As a Trader, I am Enter in Long Position with 2% Stop Loss.
IBuyThe selling created in past 2 year which took support and in 2023 has formed a good trendline support.
Though it has good formed higher low pattern but the recent move was looking for a little breather before breaking out the near term resistance.
up move beyond resistance may not be challenging as supply area are less.
Bitcoin Bullish Triangle But High Volatile in next Few DaysAttention #Bitcoin traders!
Stay cautious, as the market is about to get super volatile. It's highly recommended to steer clear of leveraged positions to avoid potential risks.
What are your thoughts on #BitcoinETF? Share your insights and let's discuss!
Remember, always prioritize risk management in your trading strategies.
How to Invest in Index Fund in this fallHow to Invest in Index Fund in this fall. How to systematic invest in Nifty for current fall.
