Niftysmallcap
Bullish Flag BO, Ready for New ATH & 30% RallyNSE:KAJARIACER
Bullish Flag Breakout
Golden Cross Over
RSI Divergence
Potential : ++30%
Tgt - 1020 - 1100 - 1250
SL : 830
Time Frame : 3-12 Months
Welspun- BO above 5 yr Resistance, Can Rally 60%NSE:WELSPUNIND
Multi-Year Breakout above 5 Year Resistance of 89
Huge Gap in Weekly Charts filled after 5 years and 3rd Breakout Attempt
Short Term Tgt : 103 - 113 - 121
Time Frame : 1- 3 Months
Long Term Tgt : 160
Time Frame : 3 - 12 Months
R:R - 1:5
SL : 76
Golden Cross Over & +ve RSI Divergence
Is Correction in Small Cap will Continue?As you can see in the chart today Small cap 100 Index has broken it's Rising Trending Line which started in Month on Nov. 2020 at 5700 and from that point we have witness a good upside till 10800.
DO remember that whenever we need to take big Jump we have to go back 2 steps.
Same is Happening in Small & Midcap Index.
Now Major Support on Small Cap is 9300 on Closing Basis on Saying that until unless we won't get close above 10050 It will be in Lower top Lower bottom Formation.
Strictly Follow Money Management & Risk Management Rule.
Always Remeber Don't be get Emotionally Attached as in Stock Market there is no value of EMOTIONS.
Nifty SmallCap100 - New All Time High and swift 15% Rally ahead NSE:CNXSMALLCAP
In coming weeks
Nifty Small Cap 100 may make new ATH above 9656.
From here a swift Potential Rally of 15% ahead till 10044.
Golden Cross Formation on WCB >> Very Bullish Signal
Watchlist to participate in Rally
Century Plyboards
JK Lakshmi
Kaveri Seeds
Kajaria
PNC Infra
NCC
Welspun India
JK Lakshmi- BO of Ascending Channel, at ATH, can do +40% moreNSE:JKLAKSHMI
Breakout of Ascending Channel Pattern with Huge Volume
CMP at All Time High
Possible Upside : 40%++
Next Levels : 682 & 800
SL : 450
Golden Cross Over confirmation signals very Bullish Trend Ahead
Part of the #NiftySmallCap100 Watchlist to participate in Rally
NCC - Bullish Flag BO - Potential 40% RallyNSE:NCC
Bullish Flag BO with bounce from 200 Week SMA
Tgt - 104-124
SL - 76
R:R - 1:3
NIFTYSMALLCAPSmallcaps are at very important level.. Its time to be cautious there.. if breakout sustains then we may see good upsides...
Genuspaper Investment Pick ! Risky !Investment Pick !
CHART PATTERN !
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Nifty SmallCap - Long Way to GoNifty Small Cap is still almost 50% down from the high of Jan 2018. Its facing short term resistance in the trend line. Some of the small caps have shown signs of recovery. The index will try to scale back to previous high of 2018 in coming years. Choose a good smallcap with healthy balance sheet and undervalued. Many small caps P/E are available from 8-15. Ride the upcoming rally once the trend line is broken.
Comparison between NSE Broader MarketsComparison between Nifty 50, Nifty Mid Cap 50, Nifty Small Cap 50, Nifty 500, Bank Nifty after it made a bottom on 24th March as we can see Small Cap clearly outperforming Benchmark Index and Bank Nifty underperforming the overall broader market.
Long Sumi ChemicalSumichem has been showing good price strength. I've taken a pilot position at 234 and 248. awaiting results to add to my positions, if they are good
Small Caps - long way to go up. But..!But for global instability the smallcaps have a long way to up to go up. Both in absolute and relative terms to Large Caps
