#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.