NIFTY SMALL 100 NSE:​CNXSMALLCAP

Please Do Your Own Analysis This is my Personal View

Closed near the crucial support point, let's hope for the reversal

Smallcap index looks very weak. Lot of time is left to accumulate good small cap stocks. It may break 50% FIBO level next week

The log-normal monthly chart of NSE Smallcap 100. The yellow, steeper, up-trend line is providing support to the price.

Small cap sector took support and zooming up. is it a up rally or relief rally?..time will tell

Head and shoulder and now in down trend. Likely to hit 6K by Mar 18

On the weekly chart. -Breaking out of a falling wedge. -Bounced off a strong resistance. -Bounced off 0.618 Fibonacci retracement. -Bullish divergence on Stochastic. On the daily chart. -Bullish divergence on the RSI. -Bullish divergence on Stochastic. -Bullish divergence on MACD. -Bull cross on MACD.

by seeing charts it is clearly visible that bear strength is reducing so we can expect this carnage in smallcaps to be completed in near term. I have posted some similar setups in my previous posts which have been successful so expecting the same in smallcaps fingers crossed

The similarities between 2008-09 and now points out that we're heading for free fall. Hope this is not true :(

Breaking down..be cautious...

On weekly formation, Dragonfly doji candlestick at support level (downtrend) which is giving sign of reversal wherein the closing price has managed to reach up to opening price. Probably, Indication of relief in coming week!

Very dangerous if breaks this

After the recent correction in feb and mar month, most of the sectoral indices showing hidden bullish divergences in weekly time frame. They are: small cap mid cap realty energy commodity consumption service So we may expect a good recovery from the current dip and continuation of the medium term ...

SMALLCAPINDEX : Will the previos tops give a nice support and a U turn possiblity Yes to be seen, but if this gives away then strap yourself up for a deeper dive in coming weeks

CNX Smallcap has given the breakout from previous High, And also from Trendline Resistance. Remain positive till it does not close below 8200

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 ?