TradingView
Dinesh_C_Nagpal
Sep 13, 2020 2:15 PM

Nifty/Small Cap Relative Strength Education

NIFTY/CNXSMALLCAPNSE

Description

Post SEBI's circular on Multi Cap this chart warrants attention. The current reversal which has seen the Small Cap Bullish revival is now at a monthly as well as weekly support of a Spread Strength Comparison of Nifty / Small Cap. For further out performance of Small Cap Index over Nifty (Large CAP) this support has to broken decisively. Else it might once again go and test it's recent high.
Relative Strength Study
Comments
anilbdaga
Very impressive!
Dinesh_C_Nagpal
@anilbdaga, thank you
sivaprakasamp
Great analysis Sir, however your chart suggests that in the far more longer run, Nifty/MidcapNifty will trend in an upward channel. Which means Large caps will perform better than mid caps in the long run. .
Dinesh_C_Nagpal
@sivaprakasamp, till April-May this year that was the case. However, since then Small caps have outperformed hence the pair chart descended down. If you see I have marked the previous levels also as and when which CAP outperformed
More