Microfinance Sub Index 09 September

 As at closing on 09 September Wednesday, Microfinance Sub Index closed at 2573. It is trading above 20 EMA (2464). The nearest resistance seems to be at 2620 and if the movement corrects itself, the nearest support lies at 2320.

With Sub-index looking for further advance, until consolidation or correction, overall MicroFinance equities should be advancing further as well. Let’s have a look at MicroFinance’s today’s performance.