The Smallcap index has been doing very well over the last few months. Indeed, the Nifty Smallcap 250 index has outperformed the benchmark index Nifty 50 so far. We see potential for the Nifty Smallcap 250 (18,496) index to extend the rally towards 24,000-24,500 from here.

So, this can be a good time to play small-cap stocks. We have picked four stocks from the Nifty Smallcap 250 index that look good on the charts from a long-term perspective.

Please note that the stock selection and recommendation given here are purely based on technical analysis. There is always a risk of the view going wrong. So, adhering to the stop-loss is a must in all cases.

Central Depository Services (India) or CDSL (₹1,415)

The price action over the last two…