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FYERS
Dec 11, 2023 1:24 PM

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

Nifty MidCap Select IndexNSE

Description

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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