Smallcaps jump up to 21% in two days: what analysts advise
The Nifty Smallcap 100 has gained over 4% in two sessions, led by Ather Energy, but analysts say it still faces key resistance levels.
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Some Nifty Smallcap 100 stocks rose as much as 21.30% in two sessions; the index gained over 4%.
Anand Rathi's Jigar S Patel warns another pullback can't be ruled out and advises against chasing the rally.
Choice Broking's Deepesh Sarawagi suggests partial profit-booking near resistance, with 18,000 as key support.