With the Nifty MidCap index witnessing a downward breakout in recent days, here are 5 midcap cap stocks that can potentially take a knock based on the existing chart patterns. Technical charts indicate that APL Apollo Tubes, Exide Industries, Grindwell Norton, Fortis Healthcare and Lupin are likely to trade with a weak bias in the near-term, and can potentially slide up to 26 per cent from here.
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These 5 midcap stocks can crash up to 26%; check full list, key levels here
Technical charts suggest that midcap stocks such as APL Apollo, Exide Industries, Grindwell Norton, Fortis Healthcare and Lupin may trade with a weak bias in the near-term.
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APL Apollo, Grindwell Norton among 5 midcap stocks likely to trade with a negative bias, hint charts. (Image: Freepik)
