Nifty Midcap Select is a benchmark index. Its current P/E (price to earning) ratio is 35.14, and PB ratio is 5.39. Dividend Yield for MIDCPNIFTY is 0.84.
Support and Resistance Targets
These pivot points are useful to get an ideas of target, reversal or breakout levels. intraday daily target (29-Apr-2024), weekly and monthly share price target for Nifty Midcap Select.
| Target | Daily | This week | This Month |
|---|---|---|---|
| R3 | 11124.6 | 11248.7 | 0 |
| R2 | 11062.05 | 11078.4 | 0 |
| R1 | 11017.9 | 10873 | 0 |
| PP | 10955.35 | 10702.7 | 0 |
| S1 | 10911.2 | 10497.3 | 0 |
| S2 | 10848.65 | 10327 | 0 |
| S3 | 10804.5 | 10121.6 | 0 |
As on 2024-04-26 MIDCPNIFTY price closed at 10973.75. It was up 91.15 points from its previous day close of 10882.6. No one can predict or forcast the movement of the Index. But our estimated idea is that certain levels are important for the Nifty Midcap Select. Tomorrow if it moves upside then 11003.09 could act as Resistance point and if it moves downside then 10944.41 level could act as support. Check the other more SR levels where MIDCPNIFTY could react.
Technical Indicators & Moving Averages
SMA = Daily Simple moving average, EMA = Daily exponential moving average, RSI = Relative Strength Index. Technical indicators are useful for traders.
Today Nifty Midcap Select closed below the 30 days EMA.Today Nifty Midcap Select closed below the 200 days EMA. RSI of MIDCPNIFTY is in Mid Range. MFI is in oversold zone.