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aashu24ahuja
Aug 25, 2021 4:31 AM

CNXSMALLCAP - Weekly Long

Nifty SmallCap 100 IndexNSE

Description

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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