In the chart, the orange line shows Nifty 50's move viz a viz the Small Cap index.
Both seem to move in tandem
Nifty Has given a bullish reversal today - so I'm expecting Small caps to tag along and break the previous ATH.. already it has formed an inverse HnS of sorts!
Hold on to your seat. 2022 looks pretty interesting!
Cheers!
George
Bandhan Bank trading in a narrow channel.
15 min bullish channel (green) also broken today.
look to pick up near 335 levels near the support to catch the next wave.
Let me know if this was helpful.
Disc: Buy/Sell after own research.
