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
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.