Midcapanalysis — Trading Ideas on TradingView

Direxion Midcap Bull 3x | MIDU | Long at $45.67 Like my predictions for AMEX:TNA , I believe midcap stocks will likely rise as interest rates are lowered over the next few years (probably a little too early given the looming economic situation). While it may be a bumpy ride and everything truly depends no announcement of an "official" economic recession (by which all stock expectations would change to the negative), there could be significant room to run here before a top - but always stay cautious... Thus, at $45.67 AMEX:MIDU is in a personal buy zone. Targets: $55.00 $75.00 (longer-term if the economic data/news hold up strong)

Evaluating the Future of Midcaps: How Much Pain Is Left....?Midcap Correction: How Much More Pain is Left..? The midcap sector has experienced a significant correction, currently down approximately 18% amid the broader market downturn. This raises an important question: how much more pain is left for midcaps? Historical Context and Market Correction : If we look at past trends, this 18% to 20% correction is not unprecedented. A similar downturn occurred in 2022, when the midcap index was corrected by around 23.3%. Therefore, it’s important to remember that such market fluctuations are a normal part of the cycle and not something entirely new. Primary Causes of the Correction : Two key factors have contributed to the current market correction. Firstly, the high valuations of midcap stocks coupled with slower-than-expected earnings growth over the past two quarters have created pressure on prices. While there are other contributing factors, these two stand out as the primary drivers behind the recent downturn. However, this correction may not persist for long. Looking ahead, earnings are expected to pick up in the coming quarters, fueled by an anticipated boost in consumption due to the new income tax bill presented in the latest budget. As a result, a combination of market correction and improving earnings growth could lay the foundation for a potential recovery and a return of the bull run. Technical Support Levels and Future Outlook : From a technical analysis standpoint, the midcap index is currently hovering around the 49,650 mark, which is a significant support level. Additionally, this price point coincides with the 0.5 Fibonacci retracement level, reinforcing its importance as a key technical support area. The broader Fibonacci golden zone, which spans from 50,180 to 46,800, also suggests that this range will provide strong support for the midcap index in the near term. Given these technical factors, it’s reasonable to anticipate that the downside could be limited to around 5% more from the current level of 49,650. Beyond this range, the market may stabilize, and with expected earnings growth, we could witness a market rebound in the upcoming quarters. Risks to Consider : While the outlook for midcaps appears optimistic, investors should remain cautious. One major risk is the ongoing trade war, which continues to create significant uncertainty in global markets. Any escalation in trade tensions could weigh on the broader market, including midcaps, and introduce additional volatility. Conclusion : In summary, while the midcap index has experienced an 18% correction, this level of decline is not unprecedented, and there is potential for recovery. With strong earnings growth expected in the coming quarters and key technical support levels in place, the midcap sector could see a return to positive momentum. However, caution is advised, especially considering the uncertainties surrounding the trade war. Investors should keep an eye on these developments to navigate the market with caution and opportunity in mind.

MIDCAP NIFTY Rallies Strong! Long Trade Hits All Targets Midcap Nifty has shown a solid uptrend following the entry at 12921.15 on 11th October at 12:15 PM, with the price successfully reaching all profit targets. Key Levels Entry: 12921.15 – The long trade was initiated at this level, supported by bullish momentum. Stop-Loss (SL): 12891.70 – Positioned below recent support to protect against potential downside. Take Profit 1 (TP1): 12957.60 – The first target was achieved, confirming the upward move. Take Profit 2 (TP2): 13016.55 – Bullish pressure continued, leading to this level being reached. Take Profit 3 (TP3): 13075.50 – Further gains pushed the price to this target. Take Profit 4 (TP4): 13111.90 – The final target, marking a successful rally in the long trade. Trend Analysis The price has consistently remained above the Risological Dotted trendline, indicating a strong uptrend. The sustained upward movement suggests that market sentiment remains positive, supporting further gains beyond the final target. The long trade on Midcap Nifty successfully hit all profit targets, with the final TP4 at 13111.90. The uptrend was well-supported by the Risological Dotted trendline, showcasing strong buying interest throughout the move.

Mid-Cap Index is the index to watch out for.As we have discussed in previous educational messages. By selecting the indices that are looking strong we can get a range of stocks that can do well. From that basket of stocks you can then further scrutinize and select the stocks that might preform the best based on charts and fundamentals of the companies. This week let us look at the Mid-Cap index that took a dramatic beating and is finding a support from where it can regain lost ground and even surpass the recent highs. Midcap Index made a high of 51342 before the descend began. The index has taken a support at the mid channel which also happens to be a trend line support. If the support or the low of Friday which was 48605 is not broken then we will see the comeback of Mid-cap stocks and index. Resistance levels for the Mid-Cap index going forward will be 49545, 50132, 50425, 50802 and finally the previous high of 51342. The channel top seems to be near 52399 if the highs of 51342 are broken and sustained in future. Support levels for the Mid-Cap index in case the support at 48605 is broken will be near 47952 or 46928 which seems to be the channel bottom. Choose wisely from the Mid-cap stock basket while keeping an eye on the levels mentioned here. Happy Investing.

Midcap Intraday setup for Monday 01 April Multiple rejections from hourly resistance indicate that the index is still declining, so be defensive when opening the long positions above 10,575. Intraday Range: 10,575 to 10,460 Long above 10,600 ( 25 points buffer to avoid the fake breakout ) Short bellow : 10,460

Nifty Midcap 50 Index Nifty Midcap Index The most after index after Nifty 50. Super Run up so far... I think its nearing good resistance... So keep an eye on your midcap portforlio Samajdaar ko ishara kafi hai... Baaki Market is Supreme.. Share... Follow.. Like..

TATA CHEMICALS Near Life Time High Breakout. *TATA CHEMICALS* Time Frame: daily Observation: * Life Time High Breakout * Overall Good Strength in Midcap Stocks * W Pattern Break Out Resistance/Target: 1282 1425 1568 1656 Support: 1050 773

Midcap Analysis 1. Midcap Sensex Has fallen below the Channel and Taking support at crucial Juncture 2. if it falls below 200 EMA down trend will follow 3. uptill 10 % its said to be correcting , so far fallen around 12 % 4. Its forming a pin Bar candle , Confirmation candle forming above the previous Day closing is a reversal and below will be a down trend 5. Ready with the good fundamental Midcap stocks for accumulation if midcap index reverses. 6. India Vix is rising sharply due to acute fall , if it crosses 25 , downfall is there .