MIDCPNIFTY FUTURES forum
MIDCPNIFTY1! is currently on PE rerating mode.
# Market/stock always either on revaluation/correction mode based on future earning expectation or PE rerating mode.
Due to tariff war & FIII selling (due to strong dollar) there is a less probability for any trend reversal - " SELL ON RALLY".
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

FREEFLOW dashboard snapshot attached for reference...
