NIFTY MIDCAP.... LOOKS LIKE IT IS SAFE NOW...

The nifty midcap index had broken out of the resistance line.
This is not an idea to take blind positions in midcap stocks. If you are holding such stocks you can continue to hold as the index performs well now.
Fresh positions can be taken after careful analysis of technicals in individual stocks.
Chart PatternsTrend AnalysisWave Analysis

Disclaimer