BharatJhunjhunwala

Mid Caps showing signs of recovery. Shopping List!

NSE:CNXMIDCAP   Nifty MidCap 100 Index
The MID Cap index took support and bounced back. The level from which the index bounced was very strong inflection point. Two back to back bullish candle with good volumes indicates real interest in the stock. Moreover there is a long term positive signal in RSI and MACD is positive with bullish bias. All these indicate that mid caps may pick up pace in coming weeks.

Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
www.prorsi.com
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