TradingWithRahul

NIFTY MIDCAP on uptrend support

NSE:CNXMIDCAP   Nifty MidCap 100 Index
Midcap and smallcap stocks are in a correction right now and many of our portfolios have midcap and small caps so don't panic anyone, it is just a correction and it is a part of the stock market. Stay calm, Stay invested and invest in fundamentally good midcaps and smallcaps. If anyone wants to buy fresh, they can definitely do it and accumulate good stocks in your portfolio. This correction might be also due to many IPOs in this month. The money for IPOs isn't new and is generally taken from the secondary market only. If the index breaks 26050, then more correction can come. Till then, no need to panic
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.