Nifty Midcap 100Analysis and projection of CNXMidcap100. Index could correct more, and can fill the provided box. I believe a good rally is ahead this correction
Nifty Midcap 100Nifty Midcap 100 lose Daily momentum and Weekly momentum and going to realign with Monthly demands zone .
Support zone 45000 area
Monthly demand zone 41000 area
Nifty MIDCAP 100 End of Correction ABC Correction seems to have ended for Midcaps . Lets see if its 12345 or and ABC
MACD NEUTRAL ZONEThis script overlays the MACD (Moving Average Convergence Divergence) indicator with a neutral zone.
The neutral zone is calculated based on the daily closing price divided by 500, and two horizontal lines are plotted above and below zero to represent this zone.
The MACD line, Signal line, and MACD
NIFTY MIDCAP Making in W pattern HourlyHello,
Indian indices fall 2 to 4% after trump oth Nifty midcap 100 spot 52700 making in W pattern if support taken then bounce upto 55000 possible RSI is oversold with positive divergence ocsillators are bullish below 52000 more panic possibilty for 51000, 50000, 48500.
MIDCAP Index towards 52K?Midcap Index: Price was rejecting from 1.618% fib extension.. looks to have completed 3 waves and is now in corrective 4th.
Probable path for the future price action is depicted here.. this is illustrative only as I believe that this can be a WXY correction.. or even wxyxz.. but we will come to kn
MIDCAP100I see MIDACAP100 index very strong. In my opinion it is heading towards previous high.
1. Crossed previous top
2. RSI also showing positive compared to previous high RSI. Infact its above all high since July.
3. FII turning towards buy though in small numbers.
4. Taken a strong support nr 200 DMA
Positive RSI Divergence As it can be seen on the Daily Time frame chart
The price has moved down from 55165 to 53833 (-1332 points)
during the time period of 25/10/24 to 13/11/24
While during the same time period the RSI has moved
upwards from 28.99 to 30.66
It is a 13 bar divergence
If the RSI crosses and sustains th
Neo wave Elliott wave #Nifty50 Full Analysis #chartsTrainer Neo wave Elliott wave #Nifty50 Full Analysis #chartsTrainer
as per neo wave nifty now getting rise till 24640 to 25200 for make wave B and than fall in 5 steps 12345 for completing last wave C.
There are more probability to making profit in future.
All stocks are corrected and give us opportuni
Downtrend phase started in Midcap StocksAs per weekly chart, we have seen 4 years continuation uptrend, causing highly streched valuations of midcap stocks. Those who have been invested 4 years ago, its time to book atleast 60 % of total profit, and keep some cash for investing at panic days of market which can be seen in next coming mont
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
