Nifty Smallcap 100

Nifty Smallcap 100: The Nifty smallcap 100 index started off up again and is most likely in a conservative wave C up to the top end of a rising channel, or to a higher retracement in case we get a throwover the top channel line. Wave C is a 5 wave advance and we are in minor wave iii as of now on daily charts so the move is not complete and could last for 5-8 weeks.