Monday, January 16, 2017

Nifty Small and Midcaps

 Broader markets continue to be stronger than Nifty...all those mutual funds and Insurance money, domestically collected. FIIs are still net sellers.
Both Small and Mid caps are forming huge corrective diametrics...they are in the last leg. We may expect Nifty also to follow suit. If so then there is every chance that we are in wave F in Nifty and wave G in small and mid caps.

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