This is an Relative Valuation Indicator to make buy or sell decisions the S&P BSE Large cap Index vs S&P BSE Mid cap Index. The chart is self explanatory to make buy or sell decisions, incase it is not clear pls see below instructions 1. Do a normal SIP either in LC index or MC index if the relative trend is between 0.43 and 0.37. 2. 2x Buy/Sell LC or MC...
This is a strategy to see if Mid caps are cheaper relative to Large caps.
What could possibly happen here? Let me know in the comments.
already given breakout , can come down to retest it .now support around 21000-21300 .so all averaging should be done around this lvl
Educational purpose Only . Bear markeT for midcaps resume from budget Day tomorrow .It should take midcap index to 10600 before it reverses .