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CAUTION ON NIFTY MIDCAP 100

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NSE:CNXMIDCAP   Nifty MidCap 100 Index
The MIDCAP 100 Index has touched a decade old trendline, in the past 3 instances since 2008 whenever this trendline is touched the index has gone for a long and sharp correction. It would be ideal to book some profits and wait for correction to deploy capital later.

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