$MICRFININD This is my first post here. This is just my personal analysis. $MICRFININD on 15 min chart is showing Bearish AB=CD Pattern. If you want to buy microfinance stock this is the time. Better buy when the price is low.
If you look at RSI there is a negative divergence. Plus I have used anchored VWAP on the first chart, both the lines meet at the same point. The yellow lines act as the support and the resistance. If the index crosses both lines then it should make another high, if not then that line will act as the resistance and support.
If you look at RSI there is a negative divergence. Plus I have used anchored VWAP on the first chart, both the lines meet at the same point. The yellow lines act as the support and the resistance. If the index crosses both lines then it should make another high, if not then that line will act as the resistance and support.
Great analysis