PLEDGING OF SHARES/SECURITIES FOR TRADING/INVESTING
BACKGROUND
A “pledge” means something given as a security against an obligation extended by the recipient of the pledged security to the person who owns the security. For example, A pledges 100 shares of Company X valued at INR100,000 to secure a loan of INR75,000.
In the above case, there may be an interest...
The pair ratio has corrected to long term crucial turning point (range).
It is also standing at 61.8% retracement of rally from Jan'18 - Feb'19
RSI is in oversold territory
Going by history, the pair ratio is ripe for reversal from 38.58 now, to potentially 44+
