Banaras Beads price volume breakout from rounding bottom formation,support 121-115 on dips.Keep an eye

~Volume spurt 6x
~Delivery up 7x

~PE 31 VS 59 Industry
~Debt free Microcap

Nifty took support at short term trendline where as Bank nifty made bullish engulfing at fibo zone

So price action of both are positive today as Nifty saved most crucial 24700 closing basis

#Data also saw short covering by FII today for the first time since last one week,although size of that is small

#Hyundai IPO grey market premium gone. Now in discount😂

Peer Comparison

Waaree at 1500 Rs - PE of just 30 on FY24 Earnings

VIP Industries price volume breakout pullback retest,support 510-491 on dips

~Volume diminished
~Imbalance filling at 50 DMA

Midcap index is reversing from long term resistance zone compared to headline index,strong support near 54500-53250 zone which bulls need to defend

Here is the Midcap index short to medium term chart which is showing ominous signs for the first time since the rally started last year,as mentioned above 54500-53250 zone has to be defended to save damage on chart and if holds then can be a buying opportunity as long term chart structure will be still intact