Muthoot Finance Ltd: A high probability trade
For:
1. MACD crossover.
2. Near the breakout of Darvas box.
3. Increasing volumes and higher delivery percentage.
4. PCR at 0.79 as on 12/02/2021.
5. Taken support from 200 EMA (red) and 100 EMA (black) recently.
Against:
1. A slight bearish divergence.
Educational purpose only. My 1st idea (be kind).
1. MACD crossover.
2. Near the breakout of Darvas box.
3. Increasing volumes and higher delivery percentage.
4. PCR at 0.79 as on 12/02/2021.
5. Taken support from 200 EMA (red) and 100 EMA (black) recently.
Against:
1. A slight bearish divergence.
Educational purpose only. My 1st idea (be kind).
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