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
