Nifty Small Cap 50 CMP 9043
Elliott - This is a zig zag corrective pattern. To me the B wave rally is done. The C wave downfall should start from here.
Fib - Wave A and wave C are related to each other by fibs. The fib ext at 1.5 which is 8387 and Fib retracement at 61.8% at 8388 is a high probability tgt.
Oscillators - both the oscillators are below their averages. confirming the price resistance.
Conclusion - So yet another Index is showing that a correction is on the horizon. The tgt is a good 8% from CMP. This means many small cap stocks will see deep corrections.
Elliott - This is a zig zag corrective pattern. To me the B wave rally is done. The C wave downfall should start from here.
Fib - Wave A and wave C are related to each other by fibs. The fib ext at 1.5 which is 8387 and Fib retracement at 61.8% at 8388 is a high probability tgt.
Oscillators - both the oscillators are below their averages. confirming the price resistance.
Conclusion - So yet another Index is showing that a correction is on the horizon. The tgt is a good 8% from CMP. This means many small cap stocks will see deep corrections.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.