#MIDCAP100
INDEX ANALYSIS
📈SUPPORT 1 AT 26400
WHICH IS FIBO 0.236 LEVEL AND ALSO 21 EMA SUPPORT
📉SUPPORT 2 AT 25800 WHICH IS PREVIOUS CONSOLIDATION REGION AND 0.382 FIBO LEVEL
⚠️BEARISH CROSSOVER SEEN IN MACD
MY VIEW : ANY RISE I WILL EXIT MY 50% SWING TRADES AND BE ON CASH 💸
INDEX ANALYSIS
📈SUPPORT 1 AT 26400
WHICH IS FIBO 0.236 LEVEL AND ALSO 21 EMA SUPPORT
📉SUPPORT 2 AT 25800 WHICH IS PREVIOUS CONSOLIDATION REGION AND 0.382 FIBO LEVEL
⚠️BEARISH CROSSOVER SEEN IN MACD
MY VIEW : ANY RISE I WILL EXIT MY 50% SWING TRADES AND BE ON CASH 💸
Forwarded from Techno_Charts 📊🐉
#MIDCAP100
INDEX ANALYSIS
📈SUPPORT 1 AT 26400
WHICH IS FIBO 0.236 LEVEL AND ALSO 21 EMA SUPPORT
📉SUPPORT 2 AT 25800 WHICH IS PREVIOUS CONSOLIDATION REGION AND 0.382 FIBO LEVEL
⚠️BEARISH CROSSOVER SEEN IN MACD
MY VIEW : ANY RISE I WILL EXIT MY 50% SWING TRADES AND BE ON CASH 💸
INDEX ANALYSIS
📈SUPPORT 1 AT 26400
WHICH IS FIBO 0.236 LEVEL AND ALSO 21 EMA SUPPORT
📉SUPPORT 2 AT 25800 WHICH IS PREVIOUS CONSOLIDATION REGION AND 0.382 FIBO LEVEL
⚠️BEARISH CROSSOVER SEEN IN MACD
MY VIEW : ANY RISE I WILL EXIT MY 50% SWING TRADES AND BE ON CASH 💸
#MIDCAP100
⚠️MONTHLY TIME FRAME RSI IS ABOVE 70
⚡WHENEVER IT TOUCHED 80 LEVELS INDEX CORRECTED
🔥FIBONACCI LEVEL1 AT 25850
🔥SUPPORT LEVEL 2 AT 50 EMA 25400
⚠️MACD BEARISH CROSS SEEN ON DAILY TIME FRAME
🎯RESISTANCE 27K , 27.5K
MY VIEW BEARISH ⚠️
Index can fall minimal 1000 points till 25500 level
That will be a good support for bounce or buying opportunity.
Any bounce will be selling opportunity or profit booking opportunity for short term traders
#index
⚠️MONTHLY TIME FRAME RSI IS ABOVE 70
⚡WHENEVER IT TOUCHED 80 LEVELS INDEX CORRECTED
🔥FIBONACCI LEVEL1 AT 25850
🔥SUPPORT LEVEL 2 AT 50 EMA 25400
⚠️MACD BEARISH CROSS SEEN ON DAILY TIME FRAME
🎯RESISTANCE 27K , 27.5K
MY VIEW BEARISH ⚠️
Index can fall minimal 1000 points till 25500 level
That will be a good support for bounce or buying opportunity.
Any bounce will be selling opportunity or profit booking opportunity for short term traders
#index
#MIDCAP100
PRICE ACTION
WE ARE GOING TO TEST THE PREVIOS BREAKOUT REGION
SO TIME TO BOOK SOME PROFIT NOW AND ADD AGAIN LATER
PRICE ACTION
WE ARE GOING TO TEST THE PREVIOS BREAKOUT REGION
SO TIME TO BOOK SOME PROFIT NOW AND ADD AGAIN LATER
$NIFTYMIDCAP100.NSE
#Midcap100
Rejection at 21 ema
Support Turned into Resistance
Furious Rallys are a part of Bear Market
Potential Downmove Explained
#Midcap100
Rejection at 21 ema
Support Turned into Resistance
Furious Rallys are a part of Bear Market
Potential Downmove Explained
👍3
#Smallcap100 and #Midcap100
Both have Broken key 21 ema along with previous important support
expecting sell on rise from here unless we regain 21 ema , no new positions will be taken
RS overall is coming down slowly
Both have Broken key 21 ema along with previous important support
expecting sell on rise from here unless we regain 21 ema , no new positions will be taken
RS overall is coming down slowly
👍8