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 .