ETF market
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.
TATAGOLD Ltd. @ 7.08Sector: Miscellaneous
The investment objective of the fund is to generate returns that are in line with the performance of physical gold in domestic prices, subject to tracking err. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
52 Week High 7.80
52 Week Low 0.00
All Time High 7.80
All Time Low 6.00
Book Value Per Share 0.00
Dividend Yield: --
Sector PE 0.00
Face Value 0
Beta 0.02
Mkt Cap (Rs. Cr.) 0
RESISTANCE: 7.8
SUPPORTS: 6
Upside can be: 8.10, 9.5, 11, 13, 16+
ITBEES - INVERTED HEAD & SHOULDERThe ITBEES ETF is forming a Inverted Head & Shoulders pattern on the weekly chart and is currently developing the second shoulder. Given the potential in the Indian IT sector, there is a strong likelihood that ITBEES will move upward. After breaking the neckline, a retest is expected, followed by positive performance.
ITBEES ETF is closely linked to the Nifty IT Index, which is also displaying a Inverted Head & Shoulders pattern on the weekly chart. I'll share the details of the IT Index chart separately.
Takeaway Points:
Identify patterns in the chart.
Always determine the correct support and resistance levels.
Decide your entry, exit, and stop loss (SL) before entering a trade.
Consider making a 50-50% entry when a retest is expected.
*For learning and educational purposes only, not an advice.
FintechZoom QQQ Stock Price AnalysisThe QQQ stock has surged more than 8% from last Monday's lows, which were marred by panic selling due to the collapse of the Japanese stock market and fears of a U.S. recession. Does this rally signal that the fears have dissipated? Not necessarily.
Currently, the price is hovering near a resistance zone formed by the median line of the channel (indicated in yellow) and the descending fan line. It's no surprise that the market is showing signs of uncertainty—it's not just about the release of inflation data; the actual CPI numbers came in close to analysts' expectations.
Take a closer look at the April 1st candle—price dropped with little to no support, forming a wide-ranging candle with a close near the lows, a clear indication of weak demand at levels above $460.
Analyzing the profile, it's evident that sellers were in control on April 1st, particularly around the $464.85 area. Today, QQQ found resistance at this very level.
After the rally of over 8% from last Monday's lows, I anticipate that QQQ might experience a short-term correction. The low from Tuesday, which formed after a bullish gap relative to Monday's close on August 12th, is expected to act as a support level.
Forecasts
Analysts' forecasts for QQQ stock are varied. Some predict continued strength if the broader market stabilizes, while others expect potential pullbacks given the recent volatility and economic uncertainty. The consensus price targets range, with some seeing further upside potential and others cautioning about near-term resistance.
Autobees growthRegarding Autobees ETF, it's currently showing a slight decline of 0.36% based on recent trading data. In my analysis, I foresee potential growth opportunities considering its current position and market conditions. However, it's crucial to delve deeper into technical indicators and market sentiment to refine this outlook.
Take MAKEINDIA for Manufacturing Strength of IndiaTake entry at Cmp 145Rs
Do SIP at each 2.5% fall
1 year profit target 35 to 40%
This is ETF on Manufacturing Theme of India.
Its has total 75 stocks. 56% large cap,21% Midcap, 8% small cap
Top 10 major holding stocks : Reliance, M&M, Tata Motors, Sun Pharma, Tata Steel , Bajaj Auto, Hindalco, BEL, Hal
We this EFT , indirectly you can invest in all 75 Stocks..
Next 10 years will be for India manufacturing so don't avoid it.






















