S&p BSE MIDCAP INDEX- time ripe for consolidation aka correction.
An observation of Monthly charts of S&P BSE Midcap index reveals that its ripe for a consolidation cum correction for a periods of 15-18 months from Today i.e May 2022. So reasonable to say time for super cycle growth can start from 2024-2026 for tgt of 38000-50000.
61.8% retracement for the entire...