MIDCAPNIFTY offers strong buy opportunity above ₹48,200-48,400 crucial support zone (prior swing low + 20-SMA ₹48,350 confluence post-RBI digestion) with bullish MAs alignment (10/12 EMAs/SMAs Buy), RSI 54.2 neutral poised >60 breakout + STOCH 78 momentum continuation signals outperformance vs Nifty. MACD histogram expansion + Williams %R -28 strength confirms midcap rotation strength amid VIX 21+ volatility, holding 48,000 psychological. Entry ₹48,500 targeting ₹49,200-49,500 R1-R2 (2-3%) SL ₹48,000 for 2.5R reward leveraging Gift Nifty positive cue.Warning-
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