NIFTYMIDCAP50 trade ideas
NIFTY MIDCAP 50Nifty Midcap 50
MTF Analysis
Nifty Midcap 50 Yearly Demand Breakout 13162
Nifty Midcap 50 6 Month Breakout 15816
Nifty Midcap 50 Qtrly Demand 14141
Nifty Midcap 50 Monthly Demand Breakout 15816
Nifty Midcap 50 Weekly Demand 16216
Nifty Midcap 50 Daily Demand dmip 16396
Nifty Midcap 50 60 Demand dmip 16321
Nifty Midcap 50 Demand BUFL 16321
ENTRY -1 16321
ENTRY -2 if break sl 15977
Avg 16149
SL 16273
RISK 48
Potential Target 17664
First recovery Target Points 685
Last Swing Low 16294
Last Swing High 16979
RR 14.27
RR 8%
NIFTY MID CAP Index - Can it bounce or further cut next week? The Nifty Midcap index has broken the key trend line that it was holding for post covid crash and last trading week that was broken by good margin.
What are the key levels to watch out for?
It will help you to make the right decisions about your individual stock in your portfolio.
NiftyMidcap50 - Elliott wave analysis - ABC correctionIt is in correction after completed ending diagonal and break down below the up trending channel. So it is expected to form ABC correction with invalidation level below 7823. If the current bounce of B wave will be sideways choppy, then there is a possibility of next C wave will go down further.