IamAStudentOfTheMarket

NIFTY Smallcap 100 Index - Simplistic View

Long
NSE:CNXSMALLCAP   Nifty SmallCap 100 Index
NIFTY Smallcap 100 index has closed above its 200 day moving average for the first time in nearly 11 months.
Today's closing is at 6653.
200 Day Simple Moving Average is at 6638.
Support are currently at 6630, 6580 and 6515.
Resistance levels are 6840, 6900, 6950 and 7000.
A daily close above 7000 could really put the bulls in the front seat.


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