MIDCPNIFTY1! -@1125hrs - Today Midcap Nifty broke @11020 (as notified 3 days ago) - Since 10th Feb MIDCPNIFTY1! showing negative breadth each day. There is no sense of buying or look for value buying.
MIDCPNIFTY1! is currently on PE rerating mode.
# Market/stock always either on revaluation/correction mode based on future earning expectation or PE rerating mode.
MIDCPNIFTY1! - Still in bearish mode and as it might break 11020 level soon. It makes a top on 16th Dec and 22nd Dec it came under Bear control. Since last one week there is a no sign of reversal.