MIDCAP Index towards 52K?
Updated
Midcap Index: Price was rejecting from 1.618% fib extension.. looks to have completed 3 waves and is now in corrective 4th.
Probable path for the future price action is depicted here.. this is illustrative only as I believe that this can be a WXY correction.. or even wxyxz.. but we will come to know once the price unfolds..
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
Probable path for the future price action is depicted here.. this is illustrative only as I believe that this can be a WXY correction.. or even wxyxz.. but we will come to know once the price unfolds..
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
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Look at the mayhem in Midcap stocks.. DIXON, KALYAN etc., Everything is down more than 3%.. much more to go
I am not a SEBI Registered Analyst. Views are personal and for Education purpose only. Please consult your Financial Analyst before making investment decision
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