SMALLCAP INDEX - 10% CORRECTION Expecting 10 to 12% swift correction in coming weeks...
Exited from many stocks and holding cash to buy on dips...
CNXSMALLCAP trade ideas
Nifty SmallCap100 - New All Time High and swift 15% Rally ahead NSE:CNXSMALLCAP
In coming weeks
Nifty Small Cap 100 may make new ATH above 9656.
From here a swift Potential Rally of 15% ahead till 10044.
Golden Cross Formation on WCB >> Very Bullish Signal
Watchlist to participate in Rally
Century Plyboards
JK Lakshmi
Kaveri Seeds
Kajaria
PNC Infra
NCC
Welspun India
CNXSMALLCAP INDEXTime to be cautious?
Small cap index hitting previous all time high.
It may reverse or breakout, in case it breaks the high we can another round of bullishness in small cap stocks.
Please note I’m not a registered analyst. Please analyse your self before investing.
NIFTYSMALLCAPSmallcaps are at very important level.. Its time to be cautious there.. if breakout sustains then we may see good upsides...
Small Cap index ready for breakoutAfter V shape recovery in the index, it was time for some weekly consolidation. After few weeks of consolidation the small cap index is ready for a breakout. May hit ATH. It had constantly under performed nifty and nifty midcap. Time for some strong action in daily weekly and monthly charts.
CNXSMALLCAP/NIFTYIs it time for smallcap ?.. I think yes...May not stay for long but for a week or two i think we can go long
CNXSMALLCAPSMALLCAP (MONTHLY):- SMALLCAP INDEX NEED TO CLOSE ABOVE 6200 THEN 7000+++ LEVEL COMES
STOPLOSS 5300 DCB
Nifty SmallCap - Long Way to GoNifty Small Cap is still almost 50% down from the high of Jan 2018. Its facing short term resistance in the trend line. Some of the small caps have shown signs of recovery. The index will try to scale back to previous high of 2018 in coming years. Choose a good smallcap with healthy balance sheet and undervalued. Many small caps P/E are available from 8-15. Ride the upcoming rally once the trend line is broken.
going for 3rd push to support?guess its going for 3rd push to support..where to buy between 5092 and 4155
Small Caps - long way to go up. But..!But for global instability the smallcaps have a long way to up to go up. Both in absolute and relative terms to Large Caps
CNX SMALL CAPS displaying strength, capable of 10% move here!CNX Small Cap Index registered a decent close above all major pivots. Also RSI is now displaying bullish momentum with MACD comfortable into bullish zone. Small Caps stocks are expected to outperform the overall Nifty index in the coming quarter.
NITY SMALL CAP VIEWNIFTY SMALL CAP 100 - Start keeping an eye on these... INDEX speaks more thing on larger view...
On verge of the breakout.. Next week it will give confirmation..
They have been into some decent correction but now they have started finding some good support.
In this case,0.786 came as the final support which is holding the INDEX and so it has started making the base around that area.
Start keeping an eye on these.
Hope this information helps.
Cheers!!!
Small Cap VS Nifty - Close to bottomDear All
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
Regards
Srikanth
