Nifty50, MidCap Select index hit key resistance; should you book profits?

Nifty 50 Index

The Nifty 50 Index is currently exhibiting a bullish trend on the charts. However, the recent rally has propelled the index close to overbought levels, indicating a potential for encountering stiff resistance around the 25,375 mark. This level is critical, as it represents a significant resistance point where the upward momentum might face…