Overview: ITC Limited, a prominent Indian conglomerate, operates across diverse sectors, including FMCG, hotels, agri-business, and cigarettes. This trading idea suggests considering a long-term investment in ITC based on a combination of fundamental and technical analysis. Fundamental Analysis: Revenue Diversification: ITC has made significant strides in...
The Invesco QQQ Trust ETF, commonly referred to as QQQ, is one of the most widely traded and recognized exchange-traded funds (ETFs) in the world. It is designed to track the performance of the NASDAQ-100 Index, which consists of 100 of the largest non-financial companies listed on the NASDAQ stock exchange. Here are some key points about QQQ: 1. Technology and...
Overview: The SPDR S&P 500 Trust ETF (SPY) is a popular exchange-traded fund that tracks the performance of the S&P 500 Index, representing a broad cross-section of the U.S. stock market. This trading idea suggests taking a long position in SPY, aiming to benefit from potential upward price movements. Reasons to Consider a Long Position: Broad Market Exposure:...
Choose ETF for long term investment is always beneficial ,With lowest amount you have ,the investments can keep on be added . Here are some of the key inputs : NYSEARCA: VOO is the ticker symbol for the Vanguard S&P 500 ETF, an exchange-traded fund (ETF) managed by Vanguard Group. This ETF seeks to track the performance of the S&P 500 Index, which is one of the...
The current price move of the consolidation will be continuing for some time . The price move in the upside or downside will be decided after this consolidation and its sideways are over.
The price fall has done now and it is going to move up now. As you see in the chart ,its down is over as shown by the arrow mark. The upmove is started and it will continue .
After the recent low move ,TSX will continue move in the sideways . The sideway move will continue for some time. The next move will be decided based on the side moves .Looking at the Global moves after the side move market will go up. More Ideas and Scripts : www.tradingview.com www.tradingview.com
Recently posted here that oil is gonna have upmove the same had happened . Now what is next As you see this in the chart ,It is clearly in the consolidation After the consolidation price must go up or down ,Looking at the chart i see this will go down rather up.
Just a day before predicted and shared SP500 and NASDAQ will go down as per chart . If you did not see that refer the same here in this below link Now since it had down ,for few days this will move in side ways . The recent shared ideas can be found here : only for your reference www.tradingview.com
The price is going to end soon in the falling side It will move up from here . it is taking its good accumulation and support
Price like SP500 NASDAQ 100 also see a down trend as the recent candles are making lows.
short term trend is weak this must be going down we will see good down move soon.
If you followed my previous ITC chart analysis it will be very clear that ITC the short is over and long is starting here. In my view the momentum will pick up from here and we stay in long for few days to weeks .
Identifying less risk more reward is of always needed one to stay in the market. Here is the 1:4 Risk reward oppurtunity . What it means if you take 100 USD Risk 400 USD will be the reward if all goes well. If you make such 4 trades , you loss 3 and gain one still your account will be in positive . Let me know if you have better risk reward and position sizing...
As there is fresh long candle formed ,Oil will continue to have momentum in the long side.
More fall is unlikely as it reaches its resistance Will see a good upmove.
Upmove on this is coming .Consolidation is over. From here Ethereum should pick up good up move.
The wait on the range bound is over ,BTC Will see a sharp up move here.