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Steel & Iron Products

MIDHANI

Mishra Dhatu Nigam Ltd.

Watchlist-worthy setup

Early Trend
Stage 2 VCP active

Setup readiness

Early Trend

Pivot Levels
₹446.9-457.1
Support Level
₹420.9
Resistance
₹545.8
Risk Distance
7.9% to stop

Reference levels for educational study only. Not a recommendation to buy or sell.

RS
67.0
ADX
31.0
Vol
37.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Constructive setup

Structure shows workable momentum characteristics with selective risks to monitor.

Relative strength Constructive
Breakout readiness Low
Accumulation Constructive

Bullish factors

  • MACD below zero — weak trend (−2).
  • 1 prior pivot rejection in last 60d (-8 pts).
  • ATR 4.4%/day — healthy volatility (+4).
  • ATR shrinking 3 consecutive weeks — coil forming.
  • BB squeeze — energy building.
  • Pivot type: flat-top — premium structure.
  • OBV divergence — price flat, volume rising: hidden strength.
  • Volume flow suggests quiet institutional accumulation.

Risk factors

  • Price up but OBV diverging — demand weakening

Overall view

Constructive setup — key momentum and institutional cues are broadly aligned for continued research.

Size this trade

Setup research

MIDHANI — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

Positives

Building toward the pivot (9% below)

  • Confirmed Stage 2 uptrend

Flagged today

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 2 — tradable
  • Sector RS Lagging group
  • Relative strength Building (RS 67)
  • Trend strength Strong (ADX 31)

Negatives

This idea is wrong below ₹420.9 (-1.9% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹420.9
  • Pivot — failure re-entry below₹454.8

Risk distance

7.9% to stop
1.8× ATR
2.5× R:R
19.4% reward

Risk ≈ ₹36.13/share from entry ₹457.1.

Reasons to skip 1

Disqualifiers that apply even if the score looks good.

  • Price up but OBV diverging — demand weakening
Setup metrics Latest scan

MIDHANI Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest research scan.

Volume Profile bearish
POC₹439.6
VAH₹449.1
VAL₹392.08
Vol above POC17.2%
Institutional Activity — Moderate Accumulation
Avg cost basis₹412.0
Acc zone₹277.0–454.0
Accumulation Sessions8
CMF-0.05

Structure

Trend / stage
Stage 2
Stage 2
Weekly trend
Above rising 30-wk MA
Uptrend
RS rank
67.0
Building
ADX
31.0
Strong

Momentum

RSI
46.0
Neutral
Recent move (10d / 20d)
-2.1% / -0.8%
Neutral
Volume quality
37.0
Thin
Relative strength
Constructive
Strong

Risk

Failure risk
12.0
Low risk
ATR % / day
4.4%
Healthy
Distribution
1 day(s)
Accumulation
Volatility
5 VCP
Contracting
More scanner fields
Sector RS 0.0%
Base 16w · 41.4%
VCP waves 5x
Vol dry-up No
Avg value ₹61.6 Cr
Failure flags Deep base

MIDHANI Support & Resistance Levels

Research chart

Daily price action with pivot, support, and resistance levels from our latest scan, plus relative strength vs Nifty.

Size this trade

Pivot levels, support and resistance are drawn on the price chart. · Research only.

AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

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Personalised swing trade analysis powered by Gemini AI

Pattern context 52w · setup · flow

52-week range

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— —

Stage-2 ideal band  ·  Early recovery

Pattern highlights

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Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

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Session flow 60 trading days
OBV trend On-balance volume · same window
— → — ·
Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

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Chase / failure risk

Honest read on exhaustion & extended moves

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Base / VCP coil

Depth, contractions & pivot distance

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Setup quality radar

Shape of the setup in one view

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Peer comparison Sector peers

Sector Peer Comparison

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MIDHANI FAQ Common swing-trading questions

Frequently asked questions about MIDHANI

What are the screener observations for MIDHANI?

On Swing Edge's swing-setup framework, Mishra Dhatu Nigam Ltd. (MIDHANI) currently grades B — workable setup. Building toward the pivot (9% below). Flagged today. This is educational research, not investment advice.

What are MIDHANI's support and resistance levels?

For MIDHANI, near-term support sits around ₹420.9 (the base/stop zone); overhead resistance is around ₹454.8 (the breakout pivot); the next resistance above is ₹545.8. This is educational research, not investment advice.

What is the breakout / pivot level for MIDHANI?

The breakout pivot for MIDHANI is around ₹454.8. Price is about 9.2% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is MIDHANI above its 50-day and 200-day moving averages?

Yes — MIDHANI is in a confirmed Stage 2 uptrend, trading above its rising 50- and 200-day moving averages, the zone where swing setups tend to work best. This is educational research, not investment advice.

How strong is MIDHANI versus the market (RS rank)?

MIDHANI has a relative strength (RS) rank of 67 out of 100 versus the NSE universe, making it building relative strength and outperforming the broader market. Trend strength (ADX) reads 31, indicating a strong trend. This is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-06-25 — not live intraday NSE quotes.