Nifty MIDCAP 100 End of Correction ABC Correction seems to have ended for Midcaps . Lets see if its 12345 or and ABC
CNXMIDCAP trade ideas
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 histogram are also displayed.
Purpose of Neutral Zone: The neutral zone helps identify areas where the MACD might be in a neutral or indecisive state. It provides a visual cue that may help traders interpret the MACD's movements in relation to price action.
You can use this indicator for market analysis in combination with other tools to identify potential trends, reversals, or indecisive states in the market.
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 know once the price unfolds..
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
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
My view might be changed if it closes below 57600.
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 the level of 40 on Daily time frame ,
we could expect an upmove towards 55230 / 56500 levels respectively.
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 opportunity to buy them on large discounts.
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 months. 50 % fall cannot be rulled out in smallcap and midcap index. So, booking gains in mutual funds and stocks will be good option. This is the time to be fearfull and not be greedy.
SIP in mutual funds can be a great way to protect from freefall of the market.
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 months. 50 % fall cannot be rulled out in smallcap and midcap index. So, booking gains in mutual funds and stocks will be good option. This is the time to be fearfull and not be greedy.
SIP in mutual funds can be a great way to protect from freefall of the market.
Nifty midcap 100This is educational purpose only, consisting of Stock market views
based on price action, Elliott Wave & Fibonacci. Views expressed here.
are not for investors/traders.
Do your own due diligence before investing/trading.
This information or publications are not meant to be, and do not constitute,
financial, investment, trading, or other types of advice or recommendations.
The time has come to shift you SIPs to Nifty 50Midcap/Nifty ration whenever reach the top of the channel then afterwards Nifty returns are more than midcap, nifty next 50 and smallcap index. Maybe the top is not this but outperformance of Largecap over Smallcap could be seen from here.
#CNXMIDCAP100 INDEX ANALYSISIn 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.
Mid-Cap Nifty Weekly Technical Chart Analysis 1+-5 July, 2024📈 Mid-Cap Nifty Weekly Technical Chart Analysis
📆 Weekly Levels:
📊 Range Trigger Point: 55737
📉 Weekly Range: 1070
📈 Buy Above: 55519
💼 Average Position: 55393
🎯 Buy Target 1: 56398
🎯 Buy Target 2: 56807
🛑 Buyer Stoploss: 55162
💰 Sale Below: 55266
🎯 Sale Target 1: 55076
🎯 Sale Target 2: 54667
🛑 Seller Stoploss: 55623
✨ Boost, follow, and engage for more insightful updates. For detailed analysis and live discussions, check out our community channels. Your engagement fuels our dedication to providing top-notch content! 🚀❤️
#MidCapNifty #MidCapIndex #IndexTrading #TradingStrategy #TechnicalAnalysis #MCX
Mid cap Mid cap fully bulish but did't take any retresment if its came down so you can take a small trade on this area
MidCap is at the crucial point. It's a (Tug of War)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.
Midcap Nifty Demand Zones WeeklyMidcap Correction How to Play
Nifty Midcap is entering a correction and is currently is the weekly demand zone 1 if the index breaks 43243 this is where we need to do some average of our midcap stock positions.
Again average at 41726
Last Average at 39922 as this demand should hold.
Please check the individual fundamentals of the stocks
MID CAP INDEX..........MIDCAP INEX at support level....
Can take support from zone & give pull back rally.........
MIDCAP INDEX.......MIDCAP INDEX if breaks Top Trend Line then Big Upmove can expect......
IF BOTTOM SUPPORT line breaks then BILL FALL will comes..........
Keep Tracking of your PORTFOLIO.......
Bounce Back Brilliance: Riding the MIDCAP Nifty TrendlineMIDCAP 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.
CNXMIDCAP caution situation.Hello dear friends,
I hope this message finds you well and in high spirits!
I wanted to share some insights with you regarding the current market situation. It seems that trading in CNXMIDCAP can be quite risky at the moment. As you can see from the chart above, although the price is reaching new highs, the RSI is not following suit. This is a clear divergence between the two indicators.
However, fear not! I believe that challenges also bring growth opportunities. While some mid-cap stocks may be experiencing a temporary downturn, it's essential to remember that markets are often influenced by external factors such as upcoming elections. This can result in a higher holding period for trades.
As we navigate through these uncertain times together, let's stay positive and keep our eyes open for new possibilities. Remember, every challenge presents a chance to learn and grow!
If you have any questions or would like further discussion on this topic, please don't hesitate to reach out. We're here to support each other!
Stay strong and keep smiling, Trade safe and protect your capital.
Midcap nifty portfolio hold Till 45200 not break On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
