Daily Chart
- It is always vital for Midcap Index to perform for any rally to sustain in broader markets
- NSE Midcap Index has completed a 5 - wave decline and a counter trend rally was initiated from 12200 - 13400 odd levels in zigzag pattern
- The index now facing resistance near 13400 - 13500 levels
- The broader picture have we completed an ending diagonal?
- The million dollar Question is, What is in store next over short to medium term?
- Are Midcap stocks going to Out Perform or Under Perform?
To Know more about Elliot Wave Counts and where probably markets
are heading towards long, intermediate and short term levels and which sectors to be in, educate
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Equity Technical Analyst
"The Purpose of Education is to make minds, not Careers"
- William Deresiewicz
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