#CNXMIDCAP
Comprehensive Stock Analysis (Twitter Thread Format):
1/ 🚀 #NiftyMidCap100 Analysis (Nov 22, 2024)
Sector: MidCap Stocks Representation
2/ Daily Close: ₹55,016.85 (+1.16%).
A positive close after recent dips indicates a potential rebound from lower levels.
3/ CCI Momentum (Daily/Weekly/Monthly):
Daily: -92.47 → No clear momentum.
Weekly: -15.90 → Neutral.
Monthly: +135.58 → Strong bullish signal.
4/ Score & Quadrant:
Score: 11 (↑ Up from yesterday).
Quadrant 2: Regaining momentum ("cat bounce").
5/ Key Levels to Watch:
Supports: ₹54,354.10, ₹54,000, ₹53,800
Resistances: ₹56,415.7, ₹57,033.90, ₹57,575.30
6/ Outlook:
The index is showing signs of recovery with bullish momentum in the monthly CCI. However, daily and weekly CCIs suggest caution. A breakout above ₹56,415.7 could confirm further strength.
Disclaimer: Analysis based on chart data. Not financial advice.
1/ 🚀 #NiftyMidCap100 Analysis (Nov 22, 2024)
Sector: MidCap Stocks Representation
2/ Daily Close: ₹55,016.85 (+1.16%).
A positive close after recent dips indicates a potential rebound from lower levels.
3/ CCI Momentum (Daily/Weekly/Monthly):
Daily: -92.47 → No clear momentum.
Weekly: -15.90 → Neutral.
Monthly: +135.58 → Strong bullish signal.
4/ Score & Quadrant:
Score: 11 (↑ Up from yesterday).
Quadrant 2: Regaining momentum ("cat bounce").
5/ Key Levels to Watch:
Supports: ₹54,354.10, ₹54,000, ₹53,800
Resistances: ₹56,415.7, ₹57,033.90, ₹57,575.30
6/ Outlook:
The index is showing signs of recovery with bullish momentum in the monthly CCI. However, daily and weekly CCIs suggest caution. A breakout above ₹56,415.7 could confirm further strength.
Disclaimer: Analysis based on chart data. Not financial advice.
Automated Tools/Indicators/Screeners available at kkonline.org/nimblrta
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.