-The Midcap sector showed great realitive strength yesterday when the Nifty was down and Midcaps were up. This happened after a long time. Weekly chart -Sector breaking out of a falling wedge pattern on the weekly chart. -Found support at 50% Fib retracement. -Bullish divergence on stochastic. -Converging MACD lines. Daily chart -Bullish divergence on...
All described in the chart
All Described in the chart
Since march 2018 Co relation between these two index is missing. Question is will nifty correct or will midcap rise...?
#MIDCAP100 trading at the important level there is support at level 16,100 to 17,600 if Mid cap break level of 17,600 then we can see the level of 16,100. #MIDCAP100 if stock able to hold the level of 17,600 then we can see the level of 20,200. @in_tradingview
Moment of truth...the last 75min candle gives some hope..Tomm will be critical...!!
Midcap 100 @ trendline . Some bounce likely here
There is bullish divergence that appears on the Nifty Midcap Index, even while the Index trades near the lows the RSI is making higher lows. This is also the Index which went into correction first (in Jan),in that context the broader market may be indicative of something positive
CNX MID CAPS ARE IN BUYING FRENZY LEVEL ....HOLD ON FOR ACCUMULATION ....AT THIS AREA ...
CNX Midcap has given the breakout from previous High, But Now at Trendline Resistance. But Remain positive till it does not close below 19175
CNXMIDCAP 100 - Looks like more downside left
CNXMIDCAP 100 - Will it fall further.? .. not a good sign, stay cautious. Today's closing is crucial.
Its weekly chart I strongly feel little correction will be in Midcap The information is for educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced by me. The information provided through my charts is for personal, non-commercial, educational use and display.
The information is for educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced by me. The information provided through my charts is for personal, non-commercial, educational use and display.