Nifty Smallcap - Key Support
The smallcap index has fallen below the 50EMA and closed right at the channel bottom.
Tomorrow it needs to move back above the 50EMA to help keep the index bullish..any more fall could then become a change of trend in small/midcap stocks.
Below 17670 I'd loose to sell stocks from my portfolio which are showing weakness..
Watch the index for hints.
Tomorrow it needs to move back above the 50EMA to help keep the index bullish..any more fall could then become a change of trend in small/midcap stocks.
Below 17670 I'd loose to sell stocks from my portfolio which are showing weakness..
Watch the index for hints.
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