HANG SENG HONG KONG MARKET INDEX LIVE REAL TIME TIPS TARGETS

UPDATE ON 09 JUNE 2020 TUESDAY AT ​04.35 PM IST

HANG SENG HSI HONG KONG INDEX : CLOSED AT 24742

 

When it was 26750 on 27 FEBRUARY 2020, I advised that 26362 and 26054 are very strong supports, but if it will break them on closing basis than panic will be seen till 24944 again.

And today it is at 24742.

NOW

If it will cross 25072 and also close above that level for 2 days in line than we will see sharp upside rally till 26000 + to 27800 +

23900 and 25818 is the first mid term trading range and closing below or above these 2 points will decode the new trend.
23180 is the SL for all your long positional buys. 

It is safe till it is closing above 24422, but if it breaks that on closing basis, than we will also see 24188 followed by 24068 as well.

But also mark that today or tomorrow in future, we will also see 23998 and 23092 at the time of panic. And we will also see sharp recovery from there as well.

 

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GOOD LUCK

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