Nifty midcap, Nifty JR analysis for 24/08/2026
1. Nifty Midcap Select (Current: 14,875)
Immediate Support/Pivot Level: 14,800 acts as a crucial line in the sand for short-term momentum.
Bullish Bias: Maintain long positions as long as the index trades above 14,800, indicating that buyers are defending this support zone.
Bearish/Conditional Setup: A breakdown below 14,800 signals weakness, suggesting a shift in momentum where creating short positions becomes favorable.
2. Nifty JR / Nifty Next 50 (Current: 73,992)
Immediate Support/Pivot Level: 73,900 serves as the primary inflection threshold determining trend direction.
Bullish Bias: Hold existing long positions as long as prices sustain above 73,900, keeping the upward continuation structure intact.
Bearish/Conditional Setup: If the index slips below 73,900, it invalidates the immediate support, triggering a conditional shift to short-only strategies.
F&O top gainer was :

















