Stocks-n-Trends

Decoding the Mystery Behind Dec 20 Fall - Part 3

NSE:CNXSMALLCAP   Nifty SmallCap 100 Index
3. Nifty Small Cap 100 - 3rd highest fall today - 3.63%

Monthly - Upward Parallel Channel BO + Cup & Handle BO confirmed at Monthly as of Nov
Weekly - The Customary BO Retest process in progress. Today's fall has formed a Bearish Engulfing Candle, but only by weekly close we can confirm if it is still an Engulfing Candle or a smaller one with a wick at bottom.

Folks in IT / Agile process would use the term "Definition of Done.....which says "Anything is not Done until its fully complete" - So wait for the weekly close to derive the real story

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.