Strike Analytics

Nifty Smallcap 100

17 Feb 202104:31 PM

Some of you have asked me to put out the Smallcap index for a while. This index remains behind the MidCap index because it is still not at an all-time high. However, the trend has remained strong inside a rising channel, and an extremely steep one. From the channel's standpoint, we are still near the lower end of the range and the wave count is that we are in wave 3 of 3 higher. So it's fair to expect that prices should continue upwards towards the top end of the channel which is near 9720

From the channel's standpoint, we are still near the lower end of the range and the wave count is that we are in wave 3 of 3 higher.

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