CNXSMALLCAP, Why small caps falling?

Nifty SmallCap 100 Index (NSE:CNXSMALLCAP)

NSE:CNXSMALLCAP Nifty SmallCap 100 Index

trendanalysis chartpattern beyondta fibonacciextension trendtrading

1. No matter which news is being highlighted for yesterday's fall
2. But chart clearly states, price levels has reached its target, so a profit booking/ a pull back is needed to continue its up trend

3. Follow the charts not the news.

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