IamAStudentOfTheMarket

NIFTY Smallcap 100 may turn bullish above 6710.

Long
NSE:CNXSMALLCAP   Nifty SmallCap 100 Index
NIFTY Smallcap 100 has resistance in the zone of 6540-6570.
A closing above that, will be positive. A daily close above 6710 will confirm that a bottom has been made and may turn the smallcaps bullish in the medium term. 200 SMA level is at 6707 as of now.
Resistances are currently at 6545/6570/6710.
Support is in the zone of 5680-5660.

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