nifty midcap - 2hr - climb below the trendline - 5th wavetypical 5th wave behavior (of some degree)
Fall below the core trend and wriggle up from below.
If this is the right view, time to be very cautious here. Lots of froth
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nifty midcap fib retracementseems it has more leg downside. long uptrending move which needs healthy correction or retracement which seems to in progress
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.
Demand & supply based analysis only for learing Three way to price react
Based on demand & SUPPLY THEORY
Nifty Midcap...looking for new Highs?Seems like Nifty Midcap will break thru the immediate channel to resume its trend with the bigger channel.
Niftty midcap 50 The trend shows a uptrend with a bullish in nature and the key price would be 8621 , if it doesn't fall at that point then its a good time to enter .
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.
MIDCAP ANALYSISMidcap index fall 8 % from 5th august till now. parallel channel formation from 5th of august. Trend line support near 7000.
if support taken, will take long position GRANULES and CAPLIN POINT
Any suggestions please comment
NIFTYMIDCAP50NIFTYMIDCAP50 STOCKS INDEX BREAKOUT HUA FROM HARMONIC PATTERN FORMATION MASSIVE UPSIDE MOVEMENT POSSIBLE
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