Price making higher highs and higher lows. There is a strong resistance at 148 and expecting breakout above 170. Buy at CMP SL: 148.25 Target: 174 Risk Reward - 3.43:1.
There is a head and shoulder patter emerging on the hourly chart. Short at CMP SL: 212.5 T1: 200 after target one, trail the stop loss to the price and bring risk to 0. T2: book profit.
Bse small cap index has reached to 2009 level in term of relative performance vis a vis BSE Sensex. Whether it can further fall, i don have answer but risk reward is relatively better. However, we yet to know the depth of crisis so it can further correct. But keeping everything aside, statistically the small cap index is very cheap. I believe any bull run from...
This stock although a small cap, has shown significant returns since it's IPO late last year. Wait for a retracement to the marked green line and then build long position.
All explained in the chart Check the NIIT TECH analysis to see the about stop loss and trailing stop loss
Pennant pattern with good support from 20 ema and 50 ema Buy NIIT Target - flagpole length Stoploss - end of pennant Trailing Stoploss - 20 ema Like and follow my page for more analysis.
Nifty Small Cap 100 Index Bullish Head & Shoulder Pattern Breakout Today Now its time for Small Cap Stocks to Run the Rally. IDFC DCB Equitas Ujjivan BSE Atul NIITTECH TATAelxsi Justdial these are potential Small cap stock.
Small cap took resistance and closing below resistance.
Nifty SmallCap 100 Index - Technical View A Relentless Fall of over 40% in 13 months. Support Zones are at 1. 5750-5400 2. 4600-4200 3. 3550 4. 2500
Mircele has given a breakout on weekly chart out of triangle.Ready for upmove with 1st target of 30-31. It is intresting watch out as if it give close around same levl on 31st july a monthly MACd buy will be triggerred. On monthly chart there is a trendline form levels of 80 in year 2000 will be broken once it start trading abv 20. 52wk high 22.55 will be first...
This on request from Avoudhut2411 . The Smallcap Index seems to have moved up in clear 5 waves. We cannot be completely sure that wave 5 is complete but the index is ripe for a correction at a larger degree. Any comments ?