Nifty MidCap Select Index
Short
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Midcp nifty healthy correction forcast

Healthy 0.23 levels fibo correction should come in midcap nifty if it has to go far away. The chart looks very simple but it's the most effective way to judge market waves.
Zlecenie aktywne
121 points fall today.
Uwaga
retracement started.
Uwaga
This is also comming soon
Uwaga
Now midcp turn. 9800 should come. 10% correction expected before it takes next bullrun.

Look at my below analysis for BN a month ago well in advance.

Banknifty looking super bearish
Uwaga
Fall is started already.
Uwaga
Follow this anaysis now. Can see 500-700 points fall in midcp nifty soon.
Uwaga
Solid retracement done from recent swing low. It could go further up now for sometime.

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Uwaga
Target till monday.

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Uwaga
at make or break level.

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Uwaga
Bollinger contraction. Should blast on either side in 15-20 mnts.


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Uwaga
One simple & solid trade milega ones this levels broken.

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Uwaga
The time is not far.......

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Zlecenie aktywne
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Uwaga
never the less. tomorrow will be the day. May be.......
Zlecenie aktywne
Extremely bearish pattern. it fails rarely. The only thing is how long it holds there.

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Uwaga
Gajjab, unbelievable rally in mid caps.

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Uwaga
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Uwaga
Predicted few days back only. Taken many scalping trades in between since monday on this. Now it has broken major level. will update tomorrow because news based action can happen tomorrow thats not called price action.

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Uwaga
If you see the bigger picture in 2hr timeframes. midcp is still in the big accending pattern channel. Bottom of the trendline is way far now. But as per bollinger bands we can see further 300 points fall from given level. Then again we can think about further trend. But if it breaks the bottom trendline then there will be huge reversal trend.

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Uwaga
Solid selling pressure seen as per expected.

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Uwaga
closing above 11000 mark will be considered as always bullish.
Uwaga
Closing is below 11k mark. First bearish sign.
Uwaga
Long side.

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Uwaga
SL hit and reversed. Taken again with similar move and good day.
Uwaga
closing below 10850 will drag it more. Please see clear picture in day timeframes below. Smarts will understand it.

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Uwaga
You cant say exactly when. But whenever 11000 breaks 1st alert then below 10980 to 10860. And ones 10860 breaks 10700 next. And after 10500 no limits.

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