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UnknownUnicorn4260559
May 21, 2019 5:29 PM

Divergence : Mid Cap 100 Vs Nifty 50 

Nifty MidCap 100 IndexNSE

Description

Explained on chart. There is no such history of events which can be used to predict future trend. Normally, mid cap stocks in the last leg of bull run. Here, we are seeing contradictory picture. Bull run doesn't look broad based as only few of the stocks have contributed in rally which is not a good signal. Also if we see mid cap performance since the high of 2008 then we find minor alpha return over taking major market risk.

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