avsrikanth

Small caps at make or break

avsrikanth Telah dikemas kini   
NSE:CNXSMALLCAP   Nifty SmallCap 100 Index
Were the small caps break the immediate support, another 25% fall can be expected. Its critical for them to go back above the trendline it is struggling to get past
Dagangan aktif:
The divergence of the daily & weekly charts seem to indicate a reversal of trends. Stay invested {if initiated on earlier message} through the elections and by year end you may be rewarded. Hope it doesn't break the previous lows
Dagangan aktif:
Support line touched one time too many. Downside more likely. Lets see whether it retraces from upward trending line above it
Dagangan aktif:
Nifty small cap is on a make or break point. On a weekly basis it is showing positive divergence. Hence it may not go down without a fight. Will it eventually make it to the long term increasing trend line connecting 2009, 2013 lows ?
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.