souravgupta268

NIFTY SMALLCAP MAKE OR BREAK LEVELS

Short
NSE:CNXSMALLCAP   NIFTY SMLCAP 100
Nifty smallcap has hit the trendline of 2008 and 2018. after touching these levels in the past the small cap index has corrected very sharply. one should book profits and lighten their positions. the RSI has also reached close to 80 levels on the monthly charts. it indicates it has been overbought.