All the details or levels mentioned on chart.. Major support 14000 and above 14950 around levels major resistance.. Below 14000, chances down till 13000 and Above 14950, chances up till 15900 and more.
Nifty Small Cap - Remember Madam Madhabi's speech on Mar 11 and the great fall....Marked in BLUE Arrows. We are back to same Level. So, where is the Froth ? Flew away with the wind ? Look at how many RED LINES (Supports) were broken from Mar 11 till Mar 14th. All of them turned back as Resistances. Guys - why is no one asking this question yourselves ? If...
Hello All, The recommendations are purely for educational purpose only, consult you financial advisor before trading. Targets are mentioned in charts (either red lines or balck lines), keep Stop Loss as per your risk.. If you like my Idea, Don't forget to Boost and comment on my Analysis.. Have a profitable year ahead Gautam Khanna Technical Analyst by Passion :-)
Try to allocate your money in small cap stock using HDFCSMALL150
Small cap index is just at the bottom of its channel, this needs to be saved then only we can see it move further northwards. If it breaks 15600, which will confirm the channel BO on downside we may witness 15100 quickly (good probability that it may occur to clear the valuation froth)
Small Cap - Mid Cap - Metal - Nifty IT - Media - Realty - Nifty 50 - FMCG - Fin Service - Bank Nifty - Whoa What a Day Today !!! A Full Day of Swing Left and Right to extreme levels. Tell me honestly how many Youtube Channels, Telegram Channels, WhatsApp Groups, Expert Commentaries came today with atleast one of the...
On Dec 20 - almost 10+ sectors in Nifty faced their individual resistances together - which " Triggered " a coordinated sell-off. I once again say the word - Trigger because FIIs and DIIs just kick started a sell-off and Retailer investors fell into the trap when they saw all their stocks across sectors started falling together. Just panic selling. At the end...
11860 support as 100 EMA RSI daily below 40 RSI weekly above 60 RSI monthly above 60
3. Nifty Small Cap 100 - 3rd highest fall today - 3.63% Monthly - Upward Parallel Channel BO + Cup & Handle BO confirmed at Monthly as of Nov Weekly - The Customary BO Retest process in progress. Today's fall has formed a Bearish Engulfing Candle, but only by weekly close we can confirm if it is still an Engulfing Candle or a smaller one with a wick at bottom. ...
NIFTY SMALL CAP INDEX QUARTERLY CHART It can observed that the index has hit the second target @ 13933 levels, which will act as a resistance/profit booking zone in short term as marked by red ellipse. Its only observation & not any suggestion.
12390 is key support. Below this levels, a further 5% correction is possible
Look at previous history, I believe there is still good amount of steam left in Smallcap Index stock. I think we will see ATH in September above 12000 and we can extend upto 12500 12600 zones and then sharp fall will be expected in October/November which can be good opportunity for last leg rally towards 15000 zones... My advice for next 2 months will be to...
RSI below 60 need to cautious above small cap stock supoort level 12300
Check the Next movement of NIFTY small index100 . Watch the video further
Might be sideways or some correction for the next 3 months but till it respects the trendline, this is very bullish.
Smallcap index is looking good and if it contiues to stays above 9360 9400 there are good chances for it to hit 10400 11000 in couple of months... that means lot of stocks will hit new 52 week high and lot of crazy moves will come in smallcap and midcap stocks...
Nifty 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.