Head and Shoulder breakout pattern Midcap Index is going to be breakout of Head & Shoulder Pattern.
Keep eye on this and the next target will be huge.
This is only for educational purpose and no any recommendation of trade.
MIDCPNIFTY1! trade ideas
Midcap Nifty - low risk short position (1:5 R-multiple)Midcap Nifty (Midcpnifty) corrections since September 2024 have always started with double tops.
Price is now resisting at downward sloping trendline and a fresh doubletop formation is in-progress on the daily chart.
Short positions can be initiated with a stop loss at 12950 (closing basis), for targets of 1200, 11800 and 11500 respectively.
DOUBLE BOTTOM IN MIDCAP A double bottom pattern is a classic technical analysis charting formation that represents a major change in trend and a momentum reversal from a prior down move in market trading. It describes the drop of a security or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound (that may become a new uptrend). The double bottom looks like the letter "W." The twice-touched low is now considered a significant support level. While those two lows hold, the upside has new potential.
1
Rivkin Securities. "Technical Analysis: Double Bottom Patterns."
In terms of profit targets, a conservative reading of the pattern suggests the minimum-move price target is equal to the distance of the two lows and the intermediate high. More aggressive targets are double the distance between the two lows and the intermediate high.
MIDCP Bullish harmonic MIDCP, midcap nifty now Bullish harmonic pattern is found reversal possiblities are there RSI oversold with positive divergence trendline support oscillators are bullish. expecting 12100,12220,12350++
MIDCP nifty making Head and shoulder and near support dailyMidcap nifty index MIDCP making head and shouler pattern in daily timeframe also at crucial trendline support breaking below create more panic till 11850,11600,11380.
Midcap Nifty - Oct 14Price was moving in a range on friday and now it is at important trend direction deciding zone 13000.
Buy above 13040 with the stop loss of 13000 for the targets 13080, 13120, 13160 and 13200.
Sell below 12960 with the stop loss of 13000 for the targets 12920, 12880 and 12840.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Midcap Nifty - Oct 7We had a volatile movement on friday and now price is trying to move up from 12800 zone. Sustaining the current levels can give a move up to 100 to 200 points upside.
Buy above 12840 with the stop loss of 12800 for the targets 12880, 12940, 12980 and 13040.
Sell below 12760 with the stop loss of 12800 for the targets 12720, 12680 and 12620.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Midcap Nifty - Sep 30Price is consolidating in a small range and it has formed a bull flag which is a bullish pattern. Sustaining above 13300 is important to be bullish.
Buy above 13320 with the stop loss of 13280 for the targets 13360, 13400, 13440 and 13480.
Sell below 13240 with the stop loss of 13280 for the targets 13200, 13160 and 13120.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
MIDCPNIFTY // Levels // 1h"Welcome to SkyTradingZone "
Hello Everyone 👋
For the Nifty Midcap 50 Index (MIDCPNIFTY) on the 1-hour timeframe, here are the key levels:
Resistance Levels:
R1: 13,360
R2: 13,440
R3: 13,480
Support Levels:
S1: 13,200
S2: 13,140
S3: 13,100
MidCap Nifty - Sep 23Price is consolidating in the form of triangle and also it is at support.
Buy above 13100 with the stop loss of 13060 for the targets 13140, 13180, 13220 and 13260.
Sell below 12980 with the stop loss of 13020 for the targets 12940, 12900, 12860 and 12820.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
MidCapNifty - Sep 16Price consolidated for the whole day within a small range.
Buy above 13360 with the stop loss of 13320 for the targets 13400, 13440 and 13480.
Sell below 13280 with the stop loss of 12320 for the targets 13240, 13200 and 13160.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Midcap Nifty - Sep 2Price is consolidating and now support is forming at the zone 13200.
Buy above 13220 with the stop loss of 13180 for the targets 13260, 13320 and 13360.
Sell below 13140 with the stop loss of 13180 for the targets 13100, 13060 and 13020.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Midcap Nifty - Aug 26Price is consolidating in the form of descending triangle. It can give break out.
Buy above 12960 with the stop loss of 12920 for the targets 13000, 13040 and 13080.
Sell below 12880 with the stop loss of 12920 for the targets 12840, 12800 and 12760.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Midcap Nifty - Aug 19Price is facing double top resistance at the level 12750. And also this level is the trend direction deciding level.
Buy above 12760 with the stop loss of 12710 for the targets 12800, 12860 and 12920.
Sell below 12660 with the stop loss of 12700 for the targets 12620, 12580 and 12220.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Mid cap nifty - Aug 12Price is moving up slowly and friday movement was narrow range which formed a small falling wedge.
Buy above 12640 with the stop loss of 12600 for the targets 12680, 12720, 12760 and 12800.
Sell below 12550 with the stop loss of 12590 for the targets 12510, 12460 and 12420.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
MIDCPNIFTY - Day Trading Levels.NSE:MIDCPNIFTY1!
Disclaimer:
Candlestick charts are a tool for understanding market trends, but they do not guarantee future market behaviour. So, This is only for educational purposes only.
Mid cap nifty - July 29Price gave trend line break out and consolidating in the zone 12700 zone. This movement happened after forming a double bottom pattern.
Buy above 12680 with the stop loss of 12640 for the targets 12720, 12760, 12800 and 12840.
Sell below 12580 with the stop loss of 12620 for the targets 12540, 12500, 12460 and 12420.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Midcap NiftyPrice gave very nice fall on friday and now it is at the double bottom support. Let us see whether it will take support.
Buy above 12210 with the stop loss of 12170 for the targets 12250, 12290, 12330 and 12360.
Sell below 12130 with the stop loss of 12160 for the targets 12100, 12060, 12020 and 11960.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Mid Cap NiftyPrice was moving up with the trend line support and now it is moving in a range. Price can give good movement if the range is broken.
Buy above 12440 with the stop loss of 12400 for the targets 12480, 12520, 12560 and 12600.
Sell below 12360 with the stop loss of 12400 for the targets 12320, 12280, 12240 and 12200.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Short MIDCPLow risk High reward
Increasing Volatility suggest short term weakness coming
Extended rises give a good / decent opportunity for shorting with a good risk-reward ratio when taking shorts at the top.
can make a small initial short position
and can build up after it closes below 12414 EOD
cmp 12430
sl 12600
target 11850
mid cap nifty need a retracement in 5 min time frame mid cap nifty show some bearish momentum
if midcap nifty able to sustain bellow 10800
with 15 point stop loss one can short the midcap nifty
for the first target of 35 point and second target of 70 to 90 point which is possible today
leave the comment if you like the idea
MIDCAP MATHEMATICAL LEVELS FOR THIS EXPIRYThese Levels are based on purely mathematical calculations.
Validity of levels are upto expiry of current week.
How to use these levels :-
* Mark these levels on your chart.
* Safe players Can use 15 min Time Frame
* Risky Traders Can use 5 min. Time Frame
* When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking candle.
* Targets will be another level marked on chart
* Stop Loss will be Low/High of that Breaking Candle.
* Trail your SL with every candle.
* Avoid Big Candles as SL will be high then.
* This is one of the Best Risk Reward Setup.
For Educational purpose only
Midcap 200 point fall post 2 pmNiftymidcap 10700 PE @ 2.20 can turn into 6-14-20 if there just 200 points fall.
Worth the risk
