ETF market
PSUBNKIETFThese are Exchange traded Funds
Buy near 69
Accumulate more at 65 - 58 - 51 - 35
Stoploss 20
Target 200 +
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
bank bees inverted cup with handle. - inverted cup with handle formed on daily chart
- today also marked a long selling candle
- if trend line broken it will take rest on each level and try to bounce back
- it will affect all the banking stock if the fall continuous
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
For investmentPharma index is on up move.
I do not have time to study companies for investment.
I have been investing in Pharma Bees from 5 months. 100 units every month.
We will definitely get 1500 - 2000/- in at least one trade. Instead of reinvesting into trading I am directing to PHARMABEES.
My view is:
1. Even if the index falls ( Due to foreign policies etc) it should give good returns in long term.
2. If the Index sees a huge fall then we will get to add more units.
3. If we stay long term in this t
FTSE MIB : Italian Stocks Remain CautiousThe FTSE MIB was down by 0.6% to trade around the 30,250 mark on Monday, as investors remained cautious ahead of crucial economic data releases, namely the US inflation figures, that are expected to provide further insights into the potential trajectory of global monetary policy.
On the corporate front, petrochemical firms, such as Saipem (-2.6%) and Eni (-2.3%), were amongst the biggest laggards thus far, reflecting the prevailing weakness in energy markets due to softening demand and an expa
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.
Euro Ends 2023 at 5-Month HighThe euro stabilized around $1.1 at the end of 2023, up nearly 3% for the year and on course for a third straight month of gains. It has also remained at its highest level since late July, as investors foresaw more pronounced interest rate reductions from the Federal Reserve in the upcoming year, denting the appeal of the greenback.
Presently, markets reflect an approximately 80% likelihood of a rate reduction starting in March 2024, with an expectation of over 150 basis points of cuts througho
SETF10GILTSBI ETF 10 Year GILT in bullish momentum. This is poor volume stock Mind it. Risky trade. Rally upto 222.
SLong
SBIETFITSBI ETF IT break resistance level with high volume. Even monthly reverse from monthly support level. It has some obstruction anyhow it will rally to 395.
SLong
Practical working of the script publishedThe Algo which i have published buys when the low of the currenct candle is less than the low of the previous one.
So on days like today, when the markets were falling like nine pins and there was no where to hide, this algo keeps getting triggerred and long term investors get to buy at lower levels steadily.
Low cost of buying of quality stocks and their subsequent compounding over the very long term are the only two things required for mega wealth creation - and that is what we try to achiev
Goldbees - GOld ETF tradeAn interesting trade if the markets decide to cool off.
With several large world economies selling treasuries..they could be shifting to physical gold..
This might make at first an interesting short term trade to 52.45..an if that breaks out then go much higher...
Might be a great contra market trade if and when the markets correct atleast while gold is ripping higher.
Breakdown in US ETF's!! Caution Long !!🔴All four major index ETF's in US markets has broken down.
🔴ETF's trading below their 20 DEMA. RDX momentum score<5
🔴Higher volume on sell days & lower volumes when they rise
🔴Daily RSI about to break 40 mark and go lower and lower
🔴SuperTrend also indicating trend change & gave sell signal
🔴Indian markets may follow the suite and have broken 20000
🔴Exercise caution longs. #Nifty can test 19300/19000/18600























