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Stock-Holmes

NIFTY SMALL CAP... I HOPE THE MISERY IS OVER

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Nifty SmallCap 100 Index (NSE:CNXSMALLCAP)  
Stock-Holmes  
NSE:CNXSMALLCAP   Nifty SmallCap 100 Index
Technical Indicators Chart Patterns Wave Analysis
2
1
indicator chartpattern waveanalysis
A massive global sell-off was seen in mid and small caps in nifty in the past few trading sessions.
The nifty small-cap index had retraced to 0.618 Fibonacci levels from its recent swing high.
We can see that the index had taken clear support at this level. I hope for a new swing from this level.
Please give your valuable comments on this analysis. Thank you.
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