Nifty Midcap After hitting ATH OF 32.7K it is facing resistance at the level, hitted the level thrice in due course trying to cross this band,. This time RSI has given breakout, looking forward for index to give strong breakout. Expecting this to happen after this week shakeout.
📊 Script: PRESTIGE (PRESTIGE ESTATES PROJECTS LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY REALTY / NIFTY MIDCAP 100 📊 Sector: Realty 📊 Industry: Residential Commercial Projects Key highlights: 💡⚡ 📈 Script is trading at middle band of BB and taking support of middle band which is SMA20. 📈 Already crossover in MACD. 📈 Already Crossover in Double Moving...
📈 PI Industries 📉 This broke out from a Resistance Zone of downtrending Trendline and closed above previous swing high of 2680 . On Buy Side I am looking for Targets of 3090, 3338 and 3500. StopLoss should be kept below 2600-2620 zone. It offers 1:3 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing...
In addition to earlier posts of Bank nifty & Nifty midcap 100 indexes, nifty smallcap 100 touched upper trendline. Time to be cautious ?
Similar to Bank Nifty, Nifty midcap 100 index touched multi-year upper trend line. Time to be cautious ?
Nifty midcap 100 has made a double top with a swing low ( higher low ) on daily timeframe we would see a drop in auto sector since then.
Bearish Engulfing chart pattern in Niftymidcap100 Nifty midcap stocks are under pressure if trend line is broken there might me maximum 5to6 % profit booking from current levels