Elliott Wave Analysis of NIFTY Small Cap 100 CNXSMALLCAPThis is to be tracked on daily basis and the counts may change. But for now, for all the indices to be in (ii) wave retracement of a diagonal 5th is a good possibility.
Related indices
Bullish Consolidation and Anticipated BreakoutThe chart analysis indicates that the Nifty SmallCap 100 Index is currently in a consolidation phase within the red rectangular zone. The blue upward trend line and the arrow suggest a bullish sentiment, with potential for the stock to break out of the consolidation range and continue its upward tra
Nify Small Cap Index TargetA double bottom is seen in Nifty Small Cap Index and the Index has decisively broke above the neckline. The target for Index is close to 19350 based on double bottom projection
Nifty Smallcap- Inverted Head and Shoulder Pattern🚀 Breakout Watch Alert: Nifty SmallCap 100 Index (CNXSMALLCAP)
📌 Price: ₹17,147 📅 Date: 14-05-2025
① Pattern Name, Timeframe, Structure & Explanation
Pattern: Inverted Head & Shoulders
Timeframe: Daily Chart
Duration: \~4 Months (From Jan to May 2025)
The Nifty SmallCap 100 Index has formed a we
SMALL CAP INDEXHello & welcome to this analysis
The index gave a sharp bounce back like the rest of the market and is now near a cluster resistance - monthly, weekly & daily @ 16900.
It could consolidate in this zone before trying a breakout for 17500 else dip down to 16000 where it has good support.
Fresh buyi
nifty small cap ratio chart Green line is ratio chart of Small cap100 vs Nifty500 and blue line 30WEma
it is clearly evident that outperformance of Smallcap is in Stage4,begin from Jan25
Value migration might happen to larger names
Nifty SmallCap 100 | Key Structural Zone 📊 Index: Nifty SmallCap 100 (NSE)
📉 CMP: 15,633 (-3.22%)
Chart Breakdown:
🔶 Highest Touch Points Zone: A key historical level where price has reacted multiple times.
📈 Higher High Created (D,W): Price has formed a higher high on both daily and weekly timeframes, indicating a shift in structure.
🟠 T
Smallcap 100: No trades yetNIFTY SMALLCAP
➡️My customised indicator telling me to wait. This is one of the tools I use to decide the market breadth.
➡️When the index is above the channel, the chances of getting trades right and extremely rewarding are higher.
➡️Below it, it’s not the most conducive trading environment espec
Small cap bottoming outAs can be seen nr 15000 level we see buying interest.
Now we can also see inverse head and shoulder formation.
Small caps are now in buy on dips zone.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
