Nifty MidCap 150 Index
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Nifty mid cap dead cat bounce

Contrary to general opinions of stock pickers. I feel the rise seen in last two days is a dead cat bounce

Many traders are proposing midcaps will take the batton forword but.
When nifty has turned bearish any 3% drop in nifty will break confidence of all midcap stock holders.

My opinion mitigated above weekly close of previous high. 11450.
and short position starts below 11120.
Catatan
assessment gone wrong this time.

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