NIFTY SMALL CAP 100 Hello & welcome to this analysis on the index
The index has had a dream run since April of this year.
What lies ahead? Does it continue its outperformance or does it lose its shine and starts seeing profit booking?
Currently at a resistance in higher time frame with support quite far. The Dec quarterly candle and the Jan monthly candle will give clarity for what is to come.
One should avoid fresh aggression at current levels in it and set trail stop loss triggers based on risk appetite at this juncture.
Happy Investing
CNXSMALLCAP trade ideas
CNXSMALLCAP Smallcap index is on verge of breakout with tight range consolidation in last few weeks and ema confluence ....
Hopefully in next 6-7 months ...before next Diwali ...some of the small caps can give 10x return easily ....
Do some research, share scripts ...
Nifty SmallcapWeekly rectancle channel pattern breakout in Nifty smallcap index
Price action
Technical analysis
TradingView Masterclass: How To Use The Top ToolbarIn this guide, you’ll learn about all the different tools that are available to you on the chart. Specifically, we’ll be looking at the toolbars that are located at the top, bottom, left and right of the chart:
To summarize the chart above, the breakdown looks like this:
■ Top toolbar: Chart tools
■ Left-side toolbar: Drawing tools
■ Right-side toolbar: Community tools
■ Bottom toolbar: Advanced tools
Now, let’s dive into each one starting with the top toolbar where you’ll find many of the most important chart tools for all your research needs. Keep in mind that we’ve ordered each item below as if we are moving from the furthest point at the top left to the furthest point to the top right. Let’s begin!
⦿ Symbol Search (Keyboard shortcut: type the ticker)
- Open the symbol search at the top left-hand corner to access over 100,000 global assets across equities, forex, crypto, futures, and more.
- You can find them by their ticker (e.g., type RELIANCE for Reliance Industries) or by their description names (e.g., type the name Central to find CENTRALBK stock).
It’s also possible to find your favorite symbols with partial searches, that is, to write part of the ticker or description name and then select the corresponding asset in the search results. If you want to filter by asset type, you can select one of the following: Stocks, Funds, Futures, Forex, Crypto, Indices, Bonds and Economy (economic indicators).
⦿ Time Intervals (Keyboard shortcut: press ,)
- Select the time interval for the chart. For instance, say you’re looking at a candlestick chart and you choose a daily chart. That means each trading day will be represented by 1 candle.
- The most common time intervals are: 1m, 5m, 30m (intraday setups) 1h, 4h (swing trading setups) and 1D, 1W and 1M (long-term trading setups).
- Traders can create custom intervals as well by clicking on the Time Interval arrow and then selecting the specific parameters needed. Don’t forget to add it to your favorites if you want it to be featured in the Quick Access toolbar.
⦿ Chart types
- We have more than 15 chart types available to analyze all price movements, including the new HLC area, Line with markers and Step line.
- Most traders prefer to use Bars, Candles and Area charts, but everyone has a different approach to markets. Be sure to find the chart type that fits your style.
⦿ Indicators, Strategies, and Metrics (Keyboard shortcut: press /)
- Indicators, Strategies, and Metrics are designed to provide additional insight and information that may otherwise be difficult to see.
- We have over 200 technical and financial indicators while also supporting over 100,000 custom scripts coded by our community. The best way to get started here is to start exploring the Indicators, Strategies, and Metrics menu as soon as possible.
⦿ Indicator Templates
Here, you can save your custom indicator setups so that you can load them at any point in time. This tool is essential if you utilize different forms of analysis. For example, if you chart technicals and fundamentals, you can make two separate templates that can be loaded at any point depending on your need.
⦿ Alert (Keyboard shortcut: Alt + A)
Alerts are used to create custom price alerts. Instead of watching markets 24/7, go ahead and create an alert at a precise level and then wait for that alert to trigger. Let our alerts do the heavy lifting. They’re always watching markets for you.
It is also possible to configure them different notifications so that you can be alerted through email, our free app or with a webhook.
⦿ Bar Replay
Bar Replay is a powerful, yet simple tool for backtesting. All experience levels can use Bar Replay for backtesting, practicing or learning about price history. To get started, click the Bar Replay button and then select a historical moment to rewind the chart backward to that point in time. Then, you can press play or pause, and retrade that moment to see how your strategy performs.
⦿ Undo/Redo Scroll (Keyboard shortcut: Ctrl + Z / Ctrl + Y)
Any changes made to the charts such as drawings or indicators can be deleted or recreated. This works just like a Word document you might create on Microsoft or Google. Use the keyboard shortcuts to quickly undo or redo specific actions.
⦿ Multi-chart Layout
If you have an Essential, Plus, Premium, or Ultimate plan, you can analyze multiple charts on your screen at the same time. Simply choose one of the available layouts from the menu to get started. You can also synchronize symbols, intervals, crosshairs, time and data ranges with the selected layout.
⦿ Manage Layouts
Create, rename and load all the layouts that you save. You can also share your layout and enable the autosave option, which is very handy so that all of your work is saved automatically. Managing your layouts is an essential part of your analytical process because it enables multiple different chart layouts to be accessed as quickly and easily as possible.
⦿ Quick Search
Need to find a function or tool on your chart? Open and use Quick Search to do that. The name of the tool is just as it can be used: quickly search for the things you need to edit, add or remove on your chart, and do it in a flash.
⦿ Chart Settings
This is where you can customize all of the fine details about your chart. The Chart Settings menu has everything from the chart color, to the gridlines and labels, the text of the scales, and more.
⦿ Fullscreen Mode (Shift + F)
When this is enabled, you will see only the chart. To exit Full screen mode, click ‘Esc’.
⦿ Snapshot and Publish
Here you can download your charts as images, copy links, share tweets, publish ideas, create live streaming video content, and comment on assets with our latest feature Minds. If you want to share your expert analysis or get feedback from others, you’ll surely want to learn how these social tools work. Go ahead and give it a try - join our community of traders.
Thanks for reading and we hope this post helps all traders and investors. Whether you’re an experienced professional or someone just getting started, we plan to create more guides like this to ensure you know how to maximize the features on our platform.
Next week, we’ll share part two of this series, and cover the drawing tools menu on the left-side of the chart.
- Team TradingView
Be sure to follow us on Instagram , YouTube , and Telegram for more valuable content! 💘
NIFTY SMLCAP 100Selling area touched,
Below 12550 levels, there may be fall to 12261, 12052 levels ..
Panic Selling alert !
RSI Overbought
and Resistance trendline touched with respect if it will break down 12550.
Thank You.
DOUBLE TOPSmallcap 13100 /200 major hurdle.
If not close above we seen profit booking.
So be cautious in smallcap
CNXsmallcap 100 W chartSo far CNXsmallcap 100 respected the trendline support in weekly chart & tucked back inside daily chart trendline as well. 3M chart still within long term trendline without breakout. We still have 1 more week for this quarter. Let's wait and see.
CNXSmallcap D 100 tucked back inside trendlineCNXSmallcap D 100 tucked back inside trendline. However 3M chart still within long term trendline and still no breakout. We've 1 more week to go for this quarter. Let's wait and see how it turns out.
CNXSMALLCAP RALLYThe rally is far from over. The average up move from the last down movement has been at least 3x the down move. The party must go on with small consolidations !!
Small Caps Crash: HeikenAshi Long on SmallCap IndexDid you sell all your Small caps in the small cap crash yesterday? If you look at the weekly HeikenAshi chart of SmallCap Index, it is still long. Following it would have avoided panic sell.
CNX Small Cap 100 Top or Breakout Retest?CNXSmallcap. If current week low doesn't go below 12386 and close above 12650-12680, then this week could be considered as retest. Historically there were 4 occurrences in Weekly timeframe where such fall went below previous week, index dragged down. Current week low, close and next week is crucial
1. Dec 31, '07 - Jan 07, '08
2. Jan 08, '18 - Jan 15, '18
3. Oct 11, '21 - Oct 18, '21 (1st Top)
4. Jan 10, '22 - Jan 17, '22 (Double Top after 3 months)
5. Sep 4, '23 - Sep 11, '23 (Current end of the week low, close is crucial)
Nifty Small Cap 100: Trading near long term trendlineNifty Small Cap 100 is trading near trendline following since 2007. Keep on radar. Need to be cautious for excessive long position at this point. Better is to wait for Breakout retest if breakout happens and sustains.
Small Cap Index close above Monthly SupertrendSmall Cap Index has closed above Monthly Supertrend July 2023 and in September 2023 it traded at all time highs.
Seeing the past history of Small Cap closing above Monthly Supertrend has given huge returns, party may have started in Small Caps, there may be small corrections but not expecting it go below 10250 anytime soon.
Keep riding your horses.
NIFTY SMALLCAP 100Nifty small cap index is showing continuous growth on a W timeframe.
However there could be a resistance close to 11900 which built in the month of Jan 2022.
nifty smallcap 100The chart of the Nifty smallcap is looking rather confusing.... and to clear that confusion..... I have given you all 2 separate markings... The BLACK one indicates the downside risk.... while the ORANGE one indicates a BULL RUN. The impulsive 12345 marked in BLACK COLOUR is ONLY INDICATIVE and NOT exact in terms of price. hence do not follow the impulsive 12345 as of now. Let the whole structure play out 1st and then Ill take a view
Nifty Small Cap Index signaling Risk On/ Outperformance BiasAttached: Nifty Small Cap 100/ Nifty 50 Daily Live Market Chart
A Possible Trend Change in this Ratio as there is Breakout
And now Small Caps are set to Outperform Large Caps for the coming few weeks
This is Risk On behavior, something has clearly changed on this Chart
Small cap index supplyzone..Once above 10200 it will be a bullish sign in small cap.
Till then SIP is better in this index...
Nifty Small Cap100: At Midpoint of parallel channelNifty Small cap 100 is trading at crucial level. Need to hold the 9620-9650 else can see fresh fall in most of stocks. Keep on radar
momentum shift towards downNSE:CNXSMALLCAP
momentum shift towards down may be it is just correction in small cap
if nifty have correction small cap will go more towards down
Nifty Small Cap100: Forming ascending triangle pattern on DTFNifty small cap is forming ascending triangle pattern on DTF. Keep on radar for breakout above 10100. Seems small cap is accumulated well and getting ready to join nifty/ bank nifty rally.
Nifty Small Cap 100 may give a 10% rally on Index Small Cap Index is clearly giving a break out of cup and handle pattern on downward trendline and my start a 10% rally
Small cap index - in a crucial point!!! Here we are analysing index with 2 basic indicators relative strength and Ema 30, in weekly charts.
Now, in 2022.. we can clearly see bearishness in smallcap index chart as It's consistently making lower low's like it happened in 2018. In 2018 it clearly given 3 simple warnings before the big fall. You can check relative strength, which turned negative during that time.Weekly Ema 30 was broken during the above mentioned period itself.
3 pointers ticked by the bears 🐻🐻🐻
Now let's move back to 2022
1) We have Relative strength in negative.
2) Consistent lower lows were made...
Yes here two pointers were checked by bears 🐻🐻
But wait here at point 3, Now we got a pullback and we are above Ema 30 support. If it breaks down below the Ema we are going bearish and it's continuation of stage 4 breakdown. If it happens, again another smallcap mayhem is about happen. Nifty may follow the small cap index pursuit due course of time but with better strength.
Is there anything left for bulls?
Yes!!! Bulls are not erased from the picture here, we need to get a closing above 10030 and 11000 in small cap index which will terminate LH - - >LL pattern and start a new trend. If not it we will see repeat what we have seen in 2018... Yes of course we are seeing trailer of this is in many small caps right now!!!
