TradingBanker

Muthoot Finance Ltd: A high probability trade

Long
NSE:MUTHOOTFIN   MUTHOOT FINANCE LTD
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).

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