It looks like we are almost at the ned of the pain for small caps. I say almost because if this level brekas we may have another 10 to 15% of fall in small cap index and a 5% fall in NIfty to watch out for
Nifty Small Cap 100 Index
Bullish Head & Shoulder Pattern Breakout Today
Now its time for Small Cap Stocks to Run the Rally.
these are potential Small cap stock.
For the current downfall, the the Oct-2018 lows will try to act as a support, if that’s breached expect it to get the next support at Dec-2016’s double bottom level. Which seems more likely. In case of major fall, we will be back to 2015 range.
Small cap take support at Fibonacci level and forms Doji..
Can Small Cap bounce back from this level?
Previous time (2008 year) when small cap made correction it took 15 bars.
this time also will it take same?