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S&P BSE MidCap Index

BSE Midcap Analysis

6
Similar to the charts I shared earlier, the index has taken support. This time the support is on the earlier trendline and 0.5 retracement is marginally lower. Here as well the bounceback is not high in volumes to change the trend. Looks possible a new sell starts here and 0.5-0.618 support will come. Will go long after 3 green candles
VigneshIyer
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Chart PatternsTechnical IndicatorsTrend Analysis

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Chart PatternsTechnical IndicatorsTrend Analysis
VigneshIyer
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.