There is a strong support from the weekly chart at 39.19 price level and I will wait a while more to assess if there is bullish pattern before buying into this ETF.
From the companies listed here , it provides an inexpensive way for investors who wish to stay invested in India without buying into individual company which can be costly from wherever they are based outside of India.
Please DYODD
From the companies listed here , it provides an inexpensive way for investors who wish to stay invested in India without buying into individual company which can be costly from wherever they are based outside of India.
Please DYODD
Commento:
Patience, no need to rush. One mistake that we make when relying on price action is assuming that price action is going to rebound just because it did that previously. It is a guide not a sure path else everyone will be a millionaire. The longer the time frame, the easier it is to predict the overall trajectory of the market and vice versa. So wait for the break out
Commento:
after a month, it pays off to just wait. We can see the price has temporarily went below the support now turn resistance at 39.19. It could fall further south towards 35.91 level , an attractive level to accumulate or go LONG.
Commento:
bought more last night
Commento:
hit resistance at 43.90
Commento:
This is performing better than expected. Thank God
Commento:
Praise God