BUY HK 50 19600 HK50 is moving in a range since quite some time and since last 10 days it is trading above 19200. If it closes above 20000 then it will go above 20400/20700.
HSI trade ideas
25% upmove possible in short term🟢HangSeng is getting ready to march towards 24870.
🟢ADX > 25. RSI also bullish. Trying to get out of base.
Heng Seng Index Retrace 61% at SupportHello Everyone,
As china declare stimulus heng seng index over more than 35% from 17000 to 23000 . FIIs started selling from indian market and invvesting to HENG seng market now again from 23000 its retrace to 61% at ema100 and breakout retest and trendline support taking bounce.
RSI adjusted/cooled off so again there is upside possibilities.
Short term rebound for HKEX could pass 22000
1 hour chart
In this strong up trend we see a stop volume 2 times today with W form, whether this rebound is strong enough to gain back the momentum or purely a rebound and will continue its down trend.
The next support will see at 19800 and the 18200-18800
HK50 appeared divergence over a week.
15 mins charts shows divergence over last trading week
MACD histogram indicate a getting week momentum with High peak getting lower
Yet trend extension might see possible in short term
Why had Hong Kong's Stock Market Index Rallied recently? (HK50)2nd October 2024 / 11:15 AM IST
One Question arise whatever situation is arising internationally let's keep it aside ❗
What Technically has happened in Index HK50 that's what I have discussed in here.
30 % in Three Week Time Period
Everything is pinned in Chart ‼️‼️👍
Time for China to rise from AshesChina Hang Sang Index showing strength.
Can it touch new highs? It can with fundamental changes.
1. Liquidity Boost: Over 128 billion yuan added through reverse repos and MLF.
2. Rate Cuts: 14-day repo rate cut to 1.85% to ease borrowing costs.
HKex is weak but not very weakPerhaps hot money might park temporally in this undervalue market during over heated US market
HK50 will support @ 17800 or 17200
The momentum of short term down trend was strong in the previous session, could it be supported at 17800, or lower than previous 17353, at the crossing of the trendlines
Will we see HKEX bottom at 16900?
If the down trend momentum will stop at 17200 or broke into 16900 zone? As volume profile has move up to 18000, we could see very weak support at this zone. At this level, anytime will see a strong rebound, does it bargain buy?
Invest !! Long Term Trend Reversal !!🟢It has underperformed the global markets for several years.
🟢2W chart indicate capitulation & trend reversal near 14597.
🟢Its trading near support and about to enter stage 1 uptrend.
🟢Buy HNGSNGBEES @307 & Add on decline @250. SL=200 WCB.
LONG HK50DAILY: uptrend, but price has not confirmed to cut Ma10 up.
4H: the price adjusts for 2 beats and touches the 6.8 fibo zone in the previous up phase.
-price has increased by 10%.
- The buy signal candle has a full candle body and a large volume that crosses above ma10
-MACD confirms cross up.
-act
- Wait for the price confirmation to increase within 10 days before you can enter the order
-buy 4 hours
entry area = 16544
stoloss = 16050
take profit = 17630
HANG SENGHello & 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
Index. sellers made 1000X and still going strongIndex. seller made 1000X and still going strong. Major trend down.
HK50 is going to reverse the directionBullish harami pattern is formed at the support line , we can expect a good upward move
HSI Index - No returns in 22 years??Jan 2000 Hong Seng index topped around 18400 and Tested the same level of 18400 1st qtr of 2022. If you are a long term index investor and invested in Jan 2000 you would have made zero return in the last 22 years. Stop blindly following finwits in index investing. Learn and be alert
HSI 1 Day Time Frame Chart - Short till 22050As after the bearish setup on daily time frame the market is falling making inverted flags again it looks like an inverted flag which is a decent flag. Targets can act as support or resistance, trade what you see. trail profits at every target or SL at cost.
Hang seng index 1 hr candlestick chartDISCLAIMER : This for education and knowledge purpose Before taking any decision once consult with your financial advisor or do your own research. I am not be responsible for any financial gain as well as for losses. I am not SEBI registered.
HSI may be range bound of 500 points HSI may be range bound it will again may go down but in next 3-4 days it may cross 25000, 25500.
HANG SENG INDEX * 0.886 ABCD ( strong pattern levels)
* 1.272 XABCD
* 24000$ key support 2018, 2019
* Bollinger bands squeezed on 1HR
* ADX below 20
* RSI divergence on daily TF
* HEIKIN ASHI DOJI candlesticks o4HR and Daily TF
* strong positive divergence on 1 HR
* strong OI on 24000 puts
HSI is bullish. Target 30850.It looks like HSI is coming out of several weeks of sideways consolidation. A close above 29175 today could propel the index towards 30850 in the next couple of weeks.
