After a correction, the small cap index has started to rise. The MACD has crossed the signal line above but still trading below zero line. The RSI has started to rise and now at a level of 48.73. The index is currently above 200 day moving average. The only major combind resistance posed by 50 day moving average and 100 day moving average is at 10,096.97. It is safe to trade in selective small cap stocks for a upside of about 6% in short term.
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