ETF market
A sign of the times. I think a 4 year Mark Up Just Started. Yeah so basically we could be at the beginning of a massive 4 year bull market.
Imagine if all major big names doubled or tripled. and Imagine if a couple even 5x'd.
Not financial Advice but I'm sticking to my call swings.
I love bottoms.
Imo Gold will be bullish too, been on that since 1800s.
Let's get this bread. lol
I don't have the huevos to short TSLA, I'm going long SMHYes you heard correctly. I capitalized HARD on TSLA back in 2021. Now I avoid it like the plague... but how low could it possibly go? I think shorts are exhausted and VIX going lower could be bullish for NVDA, TSLA, and others.
SMH is the Semi Conductor ETF, I'm thinking 250 on that one eventually. Would imply NVDA could make a big move. We'll have to see
Anyways, if you play calls, it's always good to have some nice expiry so you can relax
NFA - Just my thoughts
QQQ Sell setupQQQ rose steeply due to great earnings response from Apple and jobs data today. We are currently at the 61.8% (435.52) of the earlier down move.
Huge gap (427 - - - 434.50) left out due to the premarket open moves.
Great trade with a good R/R
Entry at 435.52 | SL 436.75 | TP 431.23
Careful around the 433 point as we may take support days low (since opening)
PS - Ideas are for learning purposes, not a recommendation to trade. I am not responsible for any profits or losses incurred.
IT BEES_Long_SIP_Support&ResistanceNippon India ETF Nifty IT
Tracking Error: 0.04%
Expense Ratio: 0.22%
Apart from Banking and Finance in NSE/BSE, IT index playing a major role for a decade. Its really worthy to allocate atleast 10% of our portfolio comprised of Sector indices whenever one reaches / close to major support levels. Instead of buying IT stocks (costliest), slowly convert into IT Bees (SIP) will impact a lot in near future, you will realize once you accumulate at support levels and hold for an year. Since you will be on good profits, stop buying IT stocks separately, Once your average bought price of IT bees are in good profit, slowly you may trade in IT bees everyday for additional gain.
Note: Entry at rock bottom, accumulate, hold and sell at resistance atleast for 4 to 5 years as a mandate with routine SIP. Whenever, you observe a historic/periodical (weekly/monthly) dips. , invest as lumpsum based on your potential/capability.
MAHKTECH_Long_Support&ResistanceMirae Asset Hang Seng TECH ETF
HIGH RISK may bring high reward quite late, but reward is a reward.
At several instances, a highly populated country in Asian region (China/India) must be dumped due to several reasons. Because, if both countries to be utilized at the same time, profits will differ for Western countries, EU and Russia. If you notice periodically, if China arises, India would be dumped, at once India arises, China will be dumped by developed nations. Geopolitically, China is more stronger than India in several aspects, tough to digest, obviously that is the truth. Invest in MAHKTECH when cheaper, sell when becomes costlier sooner or later.
ITBEES : Initiated a position for about 2.5% of the net capitalOpting to enter during price consolidation, I initiated a position constituting roughly 2.5% of my net capital.
My target is the all-time high, aiming for a profit of about 12% on the invested capital.
Given that this is an index ETF, I'm willing to exceed the maximum limit of 2.5% in a single scrip. Therefore, I'll consider adding to the position as the price touches the lower trendline of the parallel channel, which will naturally lower the average holding price of the scrip.
📢📢📢 If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly.
Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.






















