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🤯MidCap Nifty Shows Resilience: A New Phase Above 10k?

Nifty MidCap Select Index (NSE:NIFTY_MID_SELECT)  
FYERS Broker  
NSE:NIFTY_MID_SELECT   Nifty MidCap Select Index
Pivot Points Trend Lines
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pivotpoints trendline
After enduring a volatile period, MidCap Nifty has notably clinched a position above the 10k mark, signaling potential stability. As we conclude this week's trading, its close just shy of Resistance 1 (R1) on the daily timeframe is particularly noteworthy.

Looking ahead to next week's expiry, the critical question arises: Will MidCap Nifty sustain this level above 10k, or are we on the brink of a consolidation phase?

What do you think?🧐

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