ACC, BSE: This tech indicator shows more gains for 5 Nifty MidCap stocks

The MACD - a key momentum oscillator has turned favourable for these 5 Nifty MidCap stocks, with charts indicating a likely upside of up to 15% ahead.

The NSE MidCap 150 index has rallied over 5 per cent so far this June, amid optimism over continued fiscal consolidation and reforms in the country following the re-election of the Modi-government.

Meanwhile, the NSE benchmark index has gained 3.5 per cent in the same period. Both the Nifty and the Nifty MidCap indices are quoting at record high levels at present.

Meanwhile, more than 100 stocks on the NSE across market capitalisation are also trading at record high levels. 

Given the underlying bullish bias, here are five Nifty MidCap stocks that can potentially rally up to 15 per cent