SENSEX trade ideas
SENSEX (S&P BSE Sensex) Index Analysis 07/04/2021as earlier we had predicted an other impulsive wave for better shorting position and we shorted it at 50363
Fundamentals:
as we know the system is Forcing the Covid-19 Vaccination to the public so it requires to reshut the country for showing it some seriousness and let the Culprit capitalists gets more capitalize and some Retail Section to loos on some positions.
we are facing another lockdown and it will effect the economy and it stimulate the market to make some retracements.
Technical Analysis:
now we are getting our Bearish Divergence with MACDs confirmation with the Head Fall of the Bullish rally and retest of the immediate Support we can now specify 4 Targets by Fibonacci Retracement.
these 4 Targets are having strong confluences with the certain levels in Price Action analysis.
we can target the 3 TP as soon as we the 2TP gets Trigged followed by some retracement and Distribution
Sensex outperformance vs S&P 500 on the cards?Can you spot the pattern? The past 2 times the SENSEX has out outperformed the S&P 500, we have seen big bases, trendline breakouts and RSI confirmation.
Wait and watch to see if history repeats itself this time too.
If the ratio stays above the trendline for a 2-3 week period, it's game on for Sensex.
For educational and entertainment purposes. Not financial advice.
Benefits of short term investment๐ Benefits of Short Term Investment ๐
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๐ด Short-term investing offers flexibility to the investor as they do not need to wait for the security to mature in order to get cash. On the other hand, long-term investments can be liquidated by selling in the secondary market, but the investor earns lower profits.
๐ด Investors can make substantial profits in a very short amount of time.
๐ด It is less risky as money invested per transaction is substantially lower.
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Benefits of Long Term Investment
๐ Benefits of Long Term Investment ๐
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Reduces Transaction Fees (Cost)
Every time you invest, there is a transaction fee incurred. If you invest for a long-term and avoid repeated investments, you save multiple fees.
Tax Benefits (Tax)
Long-term investments are taxed at rates lower than your income tax bracket.
Stability (โ)
Long-term investments exhibit lower volatility compared to short-term investments.
Best Saving Option (๐งฐ)
Long-term investments serve as a good savings option for post-retirement, future home, or college, education, etc.
Compounding (๐)
Long-term investments grow at a compound rate of interest. Hence, the gain in this type of interest is substantial.
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