Impact that you see in smallmidcap indices
1. SmallCap 100 index has been travelling 1 way route since Feb '23. ~92%.
2. SmallCap 100 index reached 161.8% fib level.
3. SEBI has expressed worry over the substantial 92% increase in small-cap fund inflows during the first 10 months of this fiscal year, compared to the entire previous fiscal year. This surge has...
So far CNXsmallcap 100 respected the trendline support in weekly chart & tucked back inside daily chart trendline as well. 3M chart still within long term trendline without breakout. We still have 1 more week for this quarter. Let's wait and see.
CNXSmallcap D 100 tucked back inside trendline. However 3M chart still within long term trendline and still no breakout. We've 1 more week to go for this quarter. Let's wait and see how it turns out.
CNXSmallcap. If current week low doesn't go below 12386 and close above 12650-12680, then this week could be considered as retest. Historically there were 4 occurrences in Weekly timeframe where such fall went below previous week, index dragged down. Current week low, close and next week is crucial
1. Dec 31, '07 - Jan 07, '08
2. Jan 08, '18 - Jan 15, '18
3. Oct...
