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CNXSMALLCAP - Weekly

Long
Nifty SmallCap 100 Index (NSE:CNXSMALLCAP)  
aashu24ahuja  
NSE:CNXSMALLCAP   Nifty SmallCap 100 Index
Trend Analysis
2
0
trendanalysis
The retest of the breakout has happened, now a hammer formation is showing signs of recovery. This is a weekly chart, and a beautiful hammer is already in place. If next week's candle is green, we can see momentum coming back

An additional confirmation would me weekly MACD turning green.

Once the MACD turns green, we can start building positions in smallcap space.
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