It is make or break level for time being atleast. If weekly close is below the trendline then it may confirm the reversal of trend for near future
CNX SMALLCAP/NIFTY50 is in a clear uptrend relative to NIFTY
CNX SMALLCAP/NIFTY50 is in a full blown up trend. Resistances are indicated in chart
It can be bought above 77 level with SL of 72.30
Short term top made , Wait for the pullback to add smallcap stocks
CNX Small Cap Index registered a decent close above all major pivots. Also RSI is now displaying bullish momentum with MACD comfortable into bullish zone. Small Caps stocks are expected to outperform the overall Nifty index in the coming quarter.