Had posted this during the day.
One of the reasons to be either #Neutral or #Bullish and not beairsh on the #Nifty. This is not usual - #Nifty50EqualWeight near 52 week highs and #Nifty50 struggling.
https://twitter.com/nooreshtech/status/1389101387208740866
Since the last few months have been mentioning how its a good time to avoid the large heavyweights and focus on broader markets. Still the same view.
1) February 15th – Nifty at 15300 -
MicroCaps,Smallcaps, Midcaps - Time to be selective here and maybe avoid largecaps for the short term.
Conclusion
- Large HeavyWeights of Nifty50 could now start underperforming even the smaller Nifty50 Weights.
- Time to avoid the Top 5-10 weights of the Nifty and focus on the rest of the Nifty and even Micro-Caps/Smallcaps/Midcaps.
Since the last few months the best thing to do has been avoid the top weights of the Nifty.
Nifty 50 – At the same place !!
Nifty50 Equal Weight
BSE SMALLCAP 100
Divergence in BSE Smallcap & Nifty
The recent divergence is not Smallcap diverging with Nifty but the other way round.
Nifty has diverged with every other Index Nifty100/Nifty Next50/Nifty Midcap 100 due to the top heavyweights – Reliance, HDFC Bank, HDFC, Infosys and some others going sideways.
Finally the reversion from the period of 2018-2020 where Nifty kept on making new highs but rest of the indices could not.
We would get scared if Bse Smallcap starts diverging with Nifty500/Nifty Equal Weight/Nifty Next 50.
Its time to remain stock specific and ride.
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( No better time to talk about performance 
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