Nifty smallcap 250 rebound at 23.6% Fib levelNifty smallcap 250 has always taken support at 23.6% Fib level. 17412.95 is the 23.6% Fib level. Let's see if this support holds and then Nifty Smallcap 250 will head to 20K
Smallcap250
Nifty Smallcap 250 Double Top or New Bull If this index is observed, price has taken support of 23.6% Fib level of pullbacks twice after significant rise since 2020.
Currently price is near the 261.8% Fib Level (15259.65) drawn between Jan 17 '22 top to Jun 20 '22 bottom
So far price couldn't break that resistance. Feb 5th and Apr 8 in weekly chart. Last 4 days in daily chart also isn't convincing. 15444 Pivot R1 needs to be broken.
Nifty Smallcap 250 index showing bear sign
