MIDCPNIFTY Futures Analysis – First Half of March

This analysis is for **educational purposes only** and is intended to provide a structured view of potential market movements based on key technical levels.

#### **Bullish Scenario:**
- **Entry Condition:** If MIDCPNIFTY secures an **hourly close above 10,850**, it may indicate further upside potential.
- **Target Levels:**
- **First Target:** 11,125
- **Second Target:** 11,320
- **Final Zone:** 11,500–11,600
- **Stop-Loss Strategy:**
- Initial **stop-loss at an hourly close below 10,650**.
- Once the first target is achieved, **adjust SL to cost** and continue to trail upwards to protect profits.

#### **Bearish Scenario:**
- **Entry Condition:** A short position may be considered only after **two consecutive candle closes below 10,650**, along with a **bearish candlestick formation on a smaller timeframe** to confirm momentum.
- **Target Levels:**
- **First Target:** 10,500
- **Second Target:** 10,250
- **Final Target:** 10,000
- **Stop-Loss Strategy:**
- Initial **stop-loss slightly above 10,650**.
- As price moves in favor of the position, **continuously trail the SL downward to secure gains**.

Traders should maintain disciplined risk management and adapt strategies based on evolving price action.