Nifty SmallCap 100 | Key Structural Zone

431
๐Ÿ“Š Index: Nifty SmallCap 100 (NSE)
๐Ÿ“‰ CMP: 15,633 (-3.22%)

Chart Breakdown:
๐Ÿ”ถ Highest Touch Points Zone: A key historical level where price has reacted multiple times.
๐Ÿ“ˆ Higher High Created (D,W): Price has formed a higher high on both daily and weekly timeframes, indicating a shift in structure.
๐ŸŸ  Trendline Support (Orange Line): A rising trendline acting as dynamic support.
๐ŸŸฃ Higher Low Structure (D,W): A significant shift where a higher low was established on daily and weekly charts.

The price is currently interacting with a crucial zone, making it a significant area to observe.

Penafian

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