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SHRIHARII

MidCap is at the crucial point. It's a (Tug of War)

Nifty MidCap 100 Index (NSE:CNXMIDCAP)  
SHRIHARII  
NSE:CNXMIDCAP   Nifty MidCap 100 Index
Trend Analysis Chart Patterns Beyond Technical Analysis crucialsupport breakdownanalysis breakoutpoint headandshouldersbottom selloff Trend Line Break heavyselling midcapindex
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trendanalysis chartpattern beyondta crucialsupport breakdownanalysis breakoutpoint headandshouldersbottom selloff trendlinebreak heavyselling midcapindex
1) Followed by the SmallCap, MidCap is also under the strong selling pressure.
2) Currently It took the support at the trendline. If It breaks down the level of 45600 & closes below the trendline then It will lead to another 4.5% fall.
3) There's a Probability that MidCap may bounce from it's current level and lead the next uptrend.
Penafian

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