The ICICI Prudential Midcap ETF is currently exhibiting a technically significant dual rounding pattern on its chart, with one smaller rounding top pattern nested within a larger, longer-term rounding formation. The 21 level has emerged as a strong support zone. A breach of this level would likely activate the smaller rounding top pattern, potentially leading to a...
Nifty Midcap is standing on a confluence of support of trendline as well as horizontal support. 22000 looks like a make or break level for Nifty Midcap. If this support breaks, we might see a quick fall to 21650, 21480, 21300 levels. If this support is sustained, we can expect a bounce to 22200, 22500+ levels Keep this chart in focus for further swing trades....
Trading wisely in Nifty MidCap Select could be rewarding...
In line with CNXSMALLCAP 100 CNXMIDCAP100 Still have some upside at least till touch of RSI trendline at this point of time. Daily candle is bearish but looking at RSI trendline line , i can see some upside left.
MIDCPSELECT levels to watch for today's expiry and upcoming sessions. Time frame is 1HR you can also work on 15 mins. NOTE: I'm not a SEBI REG. Study before investing.
Nifty Midcap Elliot counts shows a bullish move If the market opens with a gap then the market may go sideways. If market opens sideways then can expect sideways to Bullish
We have explained everything in the chart. Please refer to it. Let us know your thoughts in the comment section. Thanks, Team Wavemoku Disclaimer: We are not SEBI registered. The content presented here is based on our personal opinions. Conduct your own research and consult with a qualified financial advisor before making any investment decisions.
MIDCP LEVELS for trading and positional based. Follow these for support/resistance and make your setup easy. NOTE: I'm not a SEBI REG. Study before investing.
1) Followed by the SmallCap, MidCap is also under the strong selling pressure. 2) Currently It took the support at the trendline. If It breaks down the level of 45600 & closes below the trendline then It will lead to another 4.5% fall. 3) There's a Probability that MidCap may bounce from it's current level and lead the next uptrend.
The Nifty Midcap Select Index (NIFTY_MID_SELECT) is showing a rising channel breakdown, indicating potential bearish movement. Breaching lower trendline - traders may consider this as a caution period until the next bullish confirmation forms.
These Levels are based on purely mathematical calculations. Validity of levels are upto expiry of current week. How to use these levels :- * Mark these levels on your chart. * Safe players Can use 15 min Time Frame * Risky Traders Can use 5 min. Time Frame * When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking...
MIDCAP Nifty is showing signs of bouncing back as it consistently finds support and resumes its upward trend along the trendline. Consider buying opportunities when it bounces off the trendline support. Keep a close eye on the trendline for continued support.
Hello and welcome to this analysis The index has always performed in line with the Nifty except in the brief period of 2018-2020 when it underperformed. Currently attempting to break above the rising trendline formed in the Monthly time frame with crucial support near 42000 and next resistance near 45000 Check out the outlook of the Nifty Small Cap Index from...
Perfect Hanging Man In Nifty Midcap 100 Sell On Any Weekly Close Below 39445 SL - 41700 ( Weekly Closing Basis )
Hello and welcome to this analysis The index has formed a Bearish Harmonic Deep Crab in the weekly time frame. It is currently in the PRZ zone of 9050-9400. As of now its not showing any sign of weakness. If it starts sustaining below 9050 the bearish structure would get activated for 8600/8250. There is resistance between 9200-9250. One should wait for...
price was in upstrend following higher high and higher low on friday price broke the higher low, it was the first sign of trend change on momday it was like pullback as price made internal (lower time frame higher lows) but got resisted at fib 0.5 projected from recent high to recent intraday low or friday low as smart money concept if the pullback has to...
Market is showing weakness at these levels. Will be looking for any down moves. There is a little less liquidity in the madcap so beware while trading your setup. Cheers!
Nifty midcap can take resistance at 8315 if yes then down move upto 8200 possible. If it breaks 8315 level then we can see 8450 level in comming week. Buy above 8280 target 82300,8315,8350 sell below 8265 target 8250,8240,8200