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#BiggerPicture

After #BlockBuster Move, What Next? How Far Indices Will Travel in Next 2-3 Months? When to Expect Next Major Resistance?

Looking At All Different MarketCap Indices Provides Clues.

Lets Start With #CNXSMALLCAP Weekly Image
SmallCap Index Showing Major Signs Of Bottoming Out But Will Face Hurdle at 52WMA & Trendline Placed at 6100-6200 Zone

CMP 5827

Upside Of 4-6% Before Facing Hurdle Image
#CNXMIDCAP

Same Structure As SmallCap Index
Resistance At 17200-17500

CMP 16745

Upside of 3-5% before Facing Hurdle Image
#CNX500

In Symmutrical Traingle Consolidation With Clearly Defined Resistance at 9900

CMP 9486

Upside Of 4% Before Facing Resistance Image
#NIFTY50

All These Indices Can't Rise If There Is No Follow-up In Nifty , So if All These Indices Suggesting Upside of 4-6% Before Facing Resistance, Nifty Can Easily Challenge ATH at 12100 And Probably Face Resistance Around Upper Resistance Line 12200 Image
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