Small cap index showing weakness on weekly chart
As per layout of this chart, the smallcap index is highly streched in last 4 four years, keeping in view, there is need to book profit on small cap stocks as these stocks can likely to come down in next 2 years of downtrend, or one can shift in small cap mutual funds for SIP. Directly investing into small cap stocks can be a highly risky at this stage of market which is at all time high.
Please protect your capital or book profit as you made in last 10 years. Right Time will come again to invest in small cap stocks. Downtrend started.
When everyone is greedy, be fearfull and everyone is fearfull, be greedy.
Please protect your capital or book profit as you made in last 10 years. Right Time will come again to invest in small cap stocks. Downtrend started.
When everyone is greedy, be fearfull and everyone is fearfull, be greedy.
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