Smallcap sees some respite but overall trend seems to be down
BSE smallcap took support at 0.5 retracement support levels. The bounceback is decent but i only see broader distribution happening and not a strong comeback. Will wait for 3 green candles before going long.
If this bounceback is sold, can see lower level including possibly a support at 0.618 retracement
If this bounceback is sold, can see lower level including possibly a support at 0.618 retracement
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.