Nifty Smallcap 100Nifty Smallcap 100 looks good after a strong weekly BO and forming a supposedly inv H&S pattern. Keep an eye of the stocks in the list.
CNXSMALLCAP trade ideas
small cap, big move?small cap seems to have done a BO, if traditional patterns to be considered, a pennant has formed and BO is already there, this may take smallcap index to around 14800 which is also the upper trnedline for long term.. this maybe the time of smallcap, this will surely take time and may have few consolidation phases within it.
SMALLCAP INDEX BREAKOUT Buy your favorite Small Cap Stock we are heading for good breakout. Personally added below 3 stocks now and will add more other stocks
1. Granules at 288
2. Aegis at 353
3. Route Mobile 1230
Make or break for Smallcap shares...My view is bearish as samllcap index is forming a rounding top pattern. Unless it negates the pattern, BUY ONLY selected strength stocks in momentum.
Small Cap Index about to breakout!
Nifty has already given breakout.
Now is the time for smallcap index
SMALLCAP INDEX - UNDERPERFORMANCE - 9870 KEY9870 is KEY Resistance area that needs to be captured...Nifty is outperforming Broader Markets...Before taking good position in stock let smallcap index clear 9870 9900 zone
NIFTY SMALL CAP, FIBONNACI with MA 100 SUPPORTnifty 50 has made a good recovery after 20th June, same followed by the nifty small cap.
check the fibonnaci levels, and there's a good support of MA 100, after 20th june.
many nifty small and mid caps have to get there bull run, so this became a point of breakout.
speaking about breakouts, it happens in the triangle pattern. so you could check the blue colour pattern drawn, its greatly forming the pattern.
so there could be a possible of breakouts.
many investors could step in, as nifty 50 will reach its good levels, then big FII-DII, could come take positions in nifty mid cap and small caps.
LASTLY, do even check the rsi, breaking the lower highs, and lower lows pattern.
SMALLCAP INDEX - READY TO BLASTSmallcap is nicely placed now...Above 9750 big move will come in many stocks...
Stay invested for next couple of months are looking pretty good...
SMALLCAP - BUY ON DIPS MARKETThe current DIP in SMALLCAP INDEX is an opportunity to buy. Weekly MACD is clearly showing until year end we will see 15% Rally in Smallcap index. Highlighed Resistance in RED.
9100 and 8900 levels are crucial for the above rally.
Personally belive that retest of Breakout is done. Morning markets might be soft but will recover by End of the Day and probably close in GREEN.
Will be adding below stocks today:-
ZUARI 175
AEGISCHEM 248
ESTER 141
KOPRAN 180 (Technically is still weak but if you like to invest in value then it is right time to start nimbling)
Nifty small cap - at gann fan resistanceSmall cap index is at gann fan resistance
Ripe for correction here
CNX small cap 100 - gann supports another 10% lowerGann fans on CNX small cap 100
Support around 804-8100 and rising
NIFTY Small Cap PerspectiveThey are the ones who always get beaten up. Look at history, tells you a story
Small cap 100 Forming a Leading Diagonal Elliott wave structureNSE:CNXSMALLCAP
Sharing my Elliott wave analysis and work on Nifty small cap 100 index. Tried to best fit the labeling based on the rules and guidelines.
The index has formed an overlapping 3 wave structure called a Leading diagonal from the lows of 2004.
My conclusion now is that we are in the primary wave 5 degree with first up-leg complete in Jan 2022.
We can expect a minimum retracement of 23.6% for a target of 8812.75.
I look forward to know your views on the analysis, Feel free to share any alternate count or point out where I may be violating Elliot wave rules.
SMLCAP BIG DIP?blood bath is here, 1st point where we can see a reversal is close: a range of 8550 to 8600 is where I am placing a bet, this is not a very strong support but if we will see a reversal that should be from here onwards, other make a large BLOODY marry for me too Cheers :D
NIFTY SMALL CAP INDEXHello & welcome to this analysis on the small cap index
CNX Small Cap Index activated a Bullish Harmonic Deep Crab on 24th Feb at 9350. From there it has now move all the way 10900 and on its way created 4 gap ups which is usually the sign of a strong trend (typical of Elliott Wave 3)
What is most interesting is on 4th April it activated a Bullish Island Reversal as highlighted in the chart suggesting "if this holds" then the index is all set for a v strong up move. We have already seen a similar kind of move in Bank Nifty when it made a Bullish Island Reversal on 10th March at 34500 from where its rallied 4000 pts.
Levels wise a "daily close above 10975" would open the passage for 11700 with strong support in the island region of 10600-500 for now.
Happy Investing!
NIFTY SMLCAP 100 INDEXRetesting of the neck line of head and shoulder pattern in daily time frame.
May be a sharp crash is waiting for us.
Be cautious.
Happy trading.
If you like my analysis please like 🤗
#CNXSMALL CAP one more ATH breakout what next?#CNXSMALL CAP each time index gave a fresh ATH breakout after consolidation there was a good up move for next 3-4 months.
Currently index came out of consolidation zone. We can expect ~30% move from current levels.
Scrap views if index goes below 10350
Midcap Analysis 1. Midcap Sensex Has fallen below the Channel and Taking support at crucial Juncture
2. if it falls below 200 EMA down trend will follow
3. uptill 10 % its said to be correcting , so far fallen around 12 %
4. Its forming a pin Bar candle , Confirmation candle forming above the previous Day closing is a reversal and below will be a down trend
5. Ready with the good fundamental Midcap stocks for accumulation if midcap index reverses.
6. India Vix is rising sharply due to acute fall , if it crosses 25 , downfall is there .
Nifty Smallcap - Key Support The smallcap index has fallen below the 50EMA and closed right at the channel bottom.
Tomorrow it needs to move back above the 50EMA to help keep the index bullish..any more fall could then become a change of trend in small/midcap stocks.
Below 17670 I'd loose to sell stocks from my portfolio which are showing weakness..
Watch the index for hints.
Nifty SmallCap 100 Moving Past 2018 Highs RSI : Weekly and Monthly Above 60 ; Suggesting Momentum to the upside.
Relative Outperformance to Broader Market ( CNX 500)
First Fib Target @ 13700
Stop Loss Trigger: 9550
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NIFTY SMALLCAP SHORT TERM TOPWe can clearly see nifty smallcap has made a short term top in market with high near by previous high and almost divergence on RSI daily chart. we can see meaningful correction from here.
