Nifty SmallCap 100 Index

Long

Nifty Smallcap 100 Index - Breakout - Possible targets 7600/7730

By IamAStudentOfTheMarket

Updated

Nifty Smallcap 100 Index seems to have broken out based on the above trendline - Possible targets are 7600 and 7730.

Note

So far the index has gone from 6040 to 6570. Almost 9% up.
Levels to watch out for are - 6890/6938/7190/7600 and 7730.
Some profit booking or even reversal may come at these levels.

Note

First Target achieved at 7600 today.

Note

Second target of 7730 achieved today.

IamAStudentOfTheMarket

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