Smallcap Index in a breakout Mode !

In our last post had covered how a 10-15% breakout move is setting up in the Smallcap Index.

 

This is how the chart was then.

 

SmallcapBlowOff 

It did a move down to test the breakout point at 5400.

 

Post that we have seen a nice 10% jump and there is more to come.

Nifty has not crossed the highs of 9100 but this index has finally taken the lead on expected lines.

Nifty had a correction from 9100 to 8350 and is now back to 8750 but the opportunities were stock specific with so many stocks rallying of 20-40% yet again.

 

 

Smallcap Blow Off

 

The minimum target for the breakout would be 6500 so there is still steam left and dips remain a buy.

 

Strategy – Continue to focus on specific stocks !!

 

Remember when market drops to 8400 people will talk 8000 and wait. Moment it goes 8800-9000 they will talk 9400. If you keep hearing and implementing your trades on such gibberish you will either be on sidelines or end up losing some money.

 

Focus on stock specific investments and ride the trend.

 

Will post a few charts over the weekend.

 

Technical Analysis Training Mumbai – April 18-19

https://nooreshtech.co.in/2015/03/technical-analysis-training-mumbai-april-18-19.html

Course Details

Important Features

-> Less of Theory more of practical analysis with lot of examples.

-> Modes of Communication – English/Hindi

-> Learn how to use Meta Stock.

-> 1 Refresher Session any time in 6 months.

-> Small Batch Size of 8-15 participants.

-> Addition to google/whatsapp group of ex participants to continue the interactions and learnings.

The Topics to be covered given on this link or below in the post

Venue

Hotel Karl Residency

36, Lallubhai Park Road, Andheri (W), Mumbai – 400 058. Maharastra, India.

Date

April 18th and 19th – 2015 – Saturday and Sunday

Timings

09.30 a.m – 6 p.m

Trainer

Nooresh Merani

Fees

Rs 16000 ( All inclusive )

PAYMENT LINK ——- https://www.instamojo.com/noooreshtech/technical-analysis-training-mumbai-april-18-/

Eligibility

-> No background or study of Technical Analysis

-> Basic Computer Skills.

-> A serious Interest in Learning Technical Analysis and ready to give time for practicing and continuing the practice.

Leave a Reply

Your email address will not be published. Required fields are marked *


This site uses Akismet to reduce spam. Learn how your comment data is processed.