Get started

Midcapindex

Nifty MidCap Index short term targets The Nifty MidCap Select Index is currently trading at 11,198.90, down 1.69% for the session ,despite the short-term downtrend, the index recently rebounded from a key support zone (10490 – 10390) if this level holds next week then their is chances of up side . Important Resistance Levels Immediate Resistance1 : 11,600 – A breakout above this level may indicate further bullish momentum towards 11,800 – 11,830. Resistance2 : 11,800 – 11,830 – A significant supply zone where sellers may step in. Major Resistance1: 12,100 – 12,170 Important Support Levels Support1 : 11,068.60 – 11,015.55 – The key support zone holding the index. Major Support1: 10,390 – 10,493.55 – A strong demand zone where buyers may re-enter. Extended Support: 10,060.20 – 9,995.05 – A strong demand zone Extension where buyers may re-enter.
NSE:NIFTY_MID_SELECTShort
by manojshinde27
Midcap ETF forming Dual Rounding PatternThe 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 further decline toward the 19 level. The ETF initially displayed a bullish structure characterized by higher highs and higher lows, but has now shifted to forming lower highs and lower lows, a common early indicator of a trend reversal from bullish to bearish. This suggests that while the market is in the early stages of this reversal, it's too soon to definitively call the transition. Volume analysis plays a crucial role in confirming price action, as volume tends to be a more reliable indicator. In the recent chart movement, a clear volume divergence was observed during the last upward move, indicating weakening buying interest. Conversely, there has been volume agreement during the recent price decline, further supporting the possibility of a bearish shift. Close monitoring of volume trends will be essential in confirming this potential reversal and avoiding any price manipulation signals. ****Nifty Midcap forming same pattern but we analyze this because we will do Price Volume Analysis***
BSE:MIDCAPIETFShort
by Arvind_Share_Academy
Midcap Momentum: Will Resistance Break or Bears Take Control?This chart depicts a technical analysis of the NIP IND ETF MIDCAP 150, likely with daily candlesticks. Here's a detailed breakdown: ### Key Observations: 1. **Support and Resistance Levels**: - **R3 (Blue)**: Significant resistance near 220.82. - **R2 (Green)**: Intermediate resistance around 215.99. - **R1 (Orange)**: Support at 209.87. - **S1 and S2 (Yellow and Purple)**: Further support levels at 204.00 and 199.79, respectively. 2. **200-Day SMA**: - The blue line represents the 200-day Simple Moving Average (SMA) at 206.18, a crucial long-term trend indicator. The price is currently above the SMA, suggesting bullish momentum in the longer term. 3. **Price Action**: - The price recently rebounded from a support zone near 204 and is now testing intermediate resistance levels. - The formation of red candles near resistance (R2) indicates selling pressure, but a break above could indicate further upside potential. 4. **RSI Indicator**: - The RSI (Relative Strength Index) at 39.20 is in the lower neutral zone, suggesting slight bearish momentum. However, it is rising, indicating potential recovery. ### Potential Outlook: - **Bullish Scenario**: - A close above 215.99 (R2) could lead to a retest of 220.82 (R3). Sustained momentum above R3 could indicate further upside. - **Bearish Scenario**: - Failure to hold above 209.87 (R1) might see the price revisit 204.00 (S1) or even 199.79 (S2). ### Recommendation: - Monitor RSI and the price reaction near resistance levels. - For a long trade, consider entering on a breakout above 215.99 - For a short trade, watch for a rejection at current levels and target supports near 204.00 or 200. Would you like further analysis or specific trade setups based on this chart? Comment down
NSE:MID150BEES
by AnkurDasTrader
2
MIDCAP MATHEMATICAL LEVELS FOR THIS EXPIRYThese 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 candle. * Targets will be another level marked on chart * Stop Loss will be Low/High of that Breaking Candle. * Trail your SL with every candle. * Avoid Big Candles as SL will be high then. * This is one of the Best Risk Reward Setup. For Educational purpose only
NSE:MIDCPNIFTY1!
by YASHSINCE1995
NIFTY MIDCAP SELECTHello 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 confirmation of weakness then look to exit longs and/or fresh shorts. Fresh aggressive trading inside the PRZ should be avoided either side. All the best
NSE:NIFTY_MID_SELECT
by Dinesh_C_Nagpal
1
nifty MIDCAP analysis (technical analysis with smc)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 sustain the price and insitutional will be interested at buying on higher low zone of 38500 or 38380 if price breaks the friday low and forms a lower high then price might fill the previous gap which is pending at 38150
NSE:CNXMIDCAPShort
by Jimmy_Rebello