* Before you expecting anything else from this graph just look at the daily and weekly and Monthly graph
* ICICIBank is getting support from its 100 DEMA and 200 DEMA sharply
* Now ICICIBank is above all average as well as the Near of all Average Respectively 426-418-420-400
* There is some consolidation in Hourly graph if Nifty continue above 11325 then it will...
It looks like we are almost at the ned of the pain for small caps. I say almost because if this level brekas we may have another 10 to 15% of fall in small cap index and a 5% fall in NIfty to watch out for
After years of under performance upto 2015, Reliance Industries has been going through phases of out and under performance wrt Nifty in the last couple of years. Since late-February, there has been a sharp outperformance and the ratio line has crossed its 200-DMA, which is a positive sign.
Logic dictates that it is the right time to focus on Reliance, as long as...