Nifty midcap, Nifty JR analysis for 5/11/2026

1. Nifty Midcap Select (Current: ~13,712) Current Trend & Standing: The index is trading above the 13,400 critical threshold. Actionable Levels: Long Bias / Exit Short: Recommended to exit existing short positions and create long positions as long as the index sustains above 13,400. Conditional Short: Fresh short positions should only be triggered if the index breaks and closes below 13,400. 2. Nifty Next 50 / Nifty Junior (Current: ~70,795) Current Trend & Standing: The index is comfortably holding above the major 69,000 psychological and structural support zone. Actionable Levels: Long Bias: Maintain long positions while prices stay above 69,000. Conditional Short: Switch to a short bias only if the index breaks down below 69,000. F&O top looser was :