Based on the great feedback we receive every day, we know a lot of Allstarcharts India readers have an interest in the mid-cap and small-cap segments of the market. Typically we cover those areas in the Monthly Conference Call, followed by a deep dive (or two) on anything that we didn't have time to discuss. Additionally, we publish shorter posts throughout the month highlighting opportunities as they emerge.

While a good start, we wanted to create something to provide more regular coverage of the space, so we've added nearly 100 mid and small-cap stocks to the Chartbook feature of our site. To narrow this universe down to a manageable size, these lists include those stocks that are available to short via futures and/or options, so that we can provide consistent analysis on both sides of the trade as we do in the other Chartbooks.

This weekend all of the Chartbooks on the site were updated, so this is a quick post to highlight some of the significant developments since they were last updated.

Over the last week or so we've seen an upside reversal in many of the Public Sector Bank stocks across the large, mid, and small-cap segments of the market. This has many wondering whether or not this is "the bottom" in this sector or if it's simply "a bottom" within the context of many structural downtrends. In this post we'll take a look into the sector to see what the weight of evidence suggests might be the answer to this question.

During our July Members Only Conference Call we discussed a lot of the big-picture trends from around the world and in India, but we wanted to do a long post discussing what we're seeing in the small-cap space. In this post I'll cover what we're seeing in the index itself, as well as get into some of its most actionable components. Also check out our mid-cap post here.

During our July Members Only Conference Call we discussed a lot of the big-picture trends from around the world and in India, but we wanted to do a long post discussing what we're seeing in the mid-cap space. In this post I'll cover what we're seeing in the index itself, as well as get into some of its most actionable components.

The relative weakness of the Nifty Free Float Smallcap 100 has been a theme all throughout 2018, so with today's chart of the week I want to take a look at what that potentially means for the broader market.

This past week I came across a potential trade setup in an Indian micro-cap stock that really got me thinking about the question, "Who am I as a market participant?". With all the noise created on a daily basis, it's easy to lose sight of your answer to this simple question, but doing so inhibits your ability to make any decision about markets responsibly.

Large-caps in India have been on a tear relative to their small and mid-cap counterparts, which we've spoken about at length over the last few months. With that said, it's no surprise to see that the Nifty 50 is leading to the upside once again by clearing its recent range on an absolute basis and making new 5-month closing highs.

For months we've been focusing our long efforts on stocks in sectors like Fast Moving Consumer Goods that have been showing relative strength. Today we're revisiting the Consumer Goods sector as it makes new all-time highs on an absolute basis and nearly 1-year highs relative to the Nifty 500 to see what names we want to be involved in to capitalize on this theme.

Click on chart to enlarge view.

Here is a look at the Nifty Fast Moving Consumer Goods Index on an absolute basis, showing prices marching toward our price target of 30,710 after two months of consolidation.

Now that we're halfway through the year, it seems like an appropriate time to review market breadth both globally and within India to identify how we want to be positioned in equities during the second half of this year. In this post we'll do just that by looking at all of the global equity markets and Nifty sectors we track to determine their trend and momentum readings across multiple timeframes, so that we can come to a conclusion based upon the weight of the evidence.

Last month we introduced the newly added Monthly Chartbook in a post where we discussed the trends and perspectives seen through a long-term lens. Our conclusions were that many of our price objectives for the Nifty Sectors and Indices were hit and that a neutral approach was best in many cases. In that type of environment we wanted to focus our long trades in areas showing relative strength like large-cap Financial Services, IT, and Consumers Goods, while focusing our short trades in areas that were showing relative weakness, like mid and small-cap Infrastructure, Realty, and Metals stocks.