*NIFTY SMALLCAP 100 -* ▪We have a similar story here as same as Midcaps but in here we have more hurdles than Midcap 100. ▪For now we are at confluence point (make or break situation) because the resistance band of 17130-17425 is strong enough to resistance to rally and must breach to rally upto 17840-17940(lower highs). ▪Hence in Smallcap we must wait for a week to get things clear and avoid smallcap stocks to add more in portfolio than that of Midcap. Both Midcap and Smallcap are yet to form shorter time frame bottom.