If everyone is so bullish at this trendline, operators will break it and a swift move will come to the downside to hunt all those SLs placed just below this trend line!!
#Nifty
Smallcaps have had a great run but the risk-reward may be changing.
The #Nifty / Nifty SmallCap 250 ratio is back near a long-term support zone.
From here, one of two things probably happens:
Smallcaps correct. Or largecaps start outperforming for the next few months. Either way, this ratio is worth watching closely.
The interesting trade may be sitting in the relative performance, not the absolute index levels.