BSE:MSL400   S&P BSE 400 MIDSMALLCAP INDEX
BSE 400 MID SMALL CAP

4 hour chart view

Support of 5195 needs to be held.

RSI has exited overbought zone and
further fall below 5195 can extend into
a correction to test the retracement of
of 38.2% -5013 which can put
pressure on the stocks.

Support on monthly chart is at 5082-5049.

RSI on monthly chart has hit the overbought.

Violation of support can set a minor near term
correction.

Consolidation above 5195 if happening fine that can lead
to

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