NIFTY MIDCAP SELECT | BTR Swing Trading Analysis | 29 Jun 2026Nifty MidCap Select IndexNSE:NIFTY_MID_SELECTBK_QuantDeskThe BTR Sell Signal identified a bearish trend reversal after price failed to sustain higher levels. Since then, the index has continued to form lower highs and lower lows, reflecting sustained selling pressure. Price is now approaching the first projected support zone. BTR Swing Framework 🔴 BTR Sell Signal: Active 🛡️ Potential Risk Level (SL): 14,631.25 🎯 Potential T-1: 14,324.65 (Currently being tested) 🎯 Potential T-2: 14,171.30 🎯 Potential T-3: 14,018.00 Market Structure • The recent sell signal was followed by strong bearish momentum. • Price continues to trade below the recent swing highs, keeping the short-term trend negative. • The first projected support level is currently acting as an important decision zone. • If selling pressure continues, the next projected support levels may come into focus. What to Watch 📉 A sustained move below Potential T-1 could increase the probability of testing Potential T-2. ⚠️ If buyers defend the current support area, a short-term pullback or consolidation may develop before the next directional move. 📊 Trend direction is generally considered stronger while price continues to form lower highs and lower lows. Educational Note In trend-following analysis, traders often focus on three key elements: • Trend direction • Risk management • Predefined support and resistance zones The BTR framework combines these concepts to define a structured trading plan with a clearly identified risk level and projected price objectives. Future price movement remains uncertain, and projected levels are reference zones rather than guarantees. Disclaimer: This analysis is shared for educational purposes only and should not be considered investment advice. Always perform your own research and manage risk appropriately. #NIFTYMidcap #SwingTrading #PriceAction #TechnicalAnalysis #MarketStructure #TradingEducation #TrendFollowing #IndianStockMarket #TradingView #BKQuantDesk