*NIFTY MIDCAP 100 -* ▪As suggested we saw a sharp sell off after closing below 52248 but took U turn from around 51000 and now eventually closing above the gap resistance of 53263. ▪This budget seems to be favorable to touch most of the sectors with perspective of growth and development to clear the bottlenecks across the industries. ▪From here, we have 53700 resistance and on the top of which we are standing. 55300 is the next level to watch, if we sustain above 53700 then we will see this index will ramp up to 55300 in no time.