Smallcap index looks very weak. Lot of time is left to accumulate good small cap stocks. It may break 50% FIBO level next week
Will it take off from the multi year support 165 ?
Consecutive lower lows will not hold nifty at higher levels. Nifty will touch 10558 and 10416 in short term
Retesting the breakdown. I dont think it will hold the 50% FIBO level. Volumes also negative