HK 50 Index - CMP HK $ 23760The HK 50 Index looks very promising, and if it breaks out of the channel, new ATHs can be expected in the next couple of years.
Trade ideas
Hang Seng Index (HSI) 's Price Action vis-à-vis Major PivotsHSI seems to have broken out of last year's high (Oct 2024) and Jan 2023 high, and retested it too.
The index is about 67% from Jan 2024 low.
The next major pivot is Feb 2021 High, after that Oct 2007 High and then Jan 2018 High (all are marked on chart).
The price seems to be gaining momentum and moving parabolically, as marked on chart.
It seems price will move higher over months, of course there would be retracements.
As always it won't be as predictable as I have hypothesized above.
Nevertheless at this juncture price action is positive and depending upon price action further into the months the hypothesis will succeed or fail.
Trade Safe
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.
just buy CHINA !!!major trend reversal in chinese indices , the best part is the RELATIVE STRENGTH vs indian indices . The path of leat resistance for now seems on the upside after this MASSIVE base breakout ,double bottom / rectangle whatever you say its a BASE breaking on the upside .
Can Hang Seng Surge 35% from here??
A straightforward analysis of the Hang Seng Index reveals that it has recently crossed the 200 SMA on both weekly and monthly charts, indicating a bullish trend. Additionally, it is crossed horizontal Resistance level on weekly chart
For investors in India, one way to gain exposure to the Hang Seng Index is through the Nippon India Hang Seng ETF. This ETF has a relatively small AUM of around 800 crore INR, making it unsuitable for large lump-sum investments. However, it could be a good idea to invest smaller amounts in 4-5 tranches???
This is NOT an investment advise
The Bullish Surge of Hang Seng: Outperforming Nasdaq and NiftyHang Seng Triumphs: Outpacing Global Markets Since 2024 with Bullish Momentum, While FIIs Stay Away from India"
The Hong Kong Stock Market's Hang Seng Index has shown remarkable strength since 2024. When comparing the performance of the Hang Seng, Nasdaq, and Nifty indices, the Hang Seng emerges as the clear winner since 2024, followed by Nasdaq, with Nifty delivering negative returns.
A straightforward analysis of the Hang Seng Index reveals that it has recently crossed the 200 SMA on both weekly and monthly charts , indicating a bullish trend. Additionally, it is on the verge of a horizontal breakout.
For investors in India, one way to gain exposure to the Hang Seng Index is through the Nippon India Hang Seng ETF. This ETF has a relatively small AUM of around 800 crore INR, making it unsuitable for large lump-sum investments. However, it could be a good idea to invest smaller amounts in 4-5 tranches???
This is NOT an investment advise
Hang Sang indexif you compare the valuation and growth of countries no doughty India has performed exceedingly well in last 4 year after covid and China have under performed growth . But despite underperformance China was not out of the track on growth matrix .So i personally think Hang Sang Index can out beat Nifty returns in coming 4 years starting from 2025 .So investing in hang sang index ETF would be beneficiary form long term prospective .
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
