Therefore, 9,900 10,000 level would act as immediate support for the Nifty.As Nifty has already risen more than 10 percent in the last 10 trading sessions, Nifty may move up gradually but the focus of the traders should be on the midcap stocks.Nifty Midcap and Smallcap 100 Indices have already broken out on the daily chart during the last week.However, Nifty Midcap and Smallcap Index are still down by 35 percent and 55 percent, respectively, from their respective highs of January 2018.We believe that select mid caps and small caps that have been underperforming Nifty for the last two and a half years can do well from hereon.Our advice is to remain long in the Nifty with the stop loss of 9,889 levels. Custodia Cover iphone 11 pro max Star Wars Sith Warrior Z4557 Case Resistance is seen at 10,334 and 10,550 level. We believe that mid caps and small caps will outperform the benchmark indices for the coming days.Here are three mid cap buy recommendations for the next 3 4 weeks:After forming multiple bottoms around Rs 115 odd levels, the stock has broken out on the daily chart with higher volumes to close at three month’s high.Daily RSI oscillator (11) is placed above 60 levels, indicating a bullish setup for the stock.
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