Hi guys, In this chart i Found a Demand Zone in CREDITACC CHART for Positional entry, Observed these Levels based on price action and Demand & Supply. *Don't Take any trades based on this Picture. ... because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank you
NSE: CREDITACC is closing with a bullish candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital...
NSE:CREDITACC is consolidating for very long time. My idea is to take entry at the level of 915 with stop loss of 845 (-70 Points). Can hold till targets of 1000 (+85 Points), 1030 (+115 Points) & 1170 (+255 Points). This could be very high reward idea. Note: This is my personal analysis, only for learning. Thanks.
Credit acc is typically range bound share on 4 month and create a trend line breakout any day any time that share give 10% to 20% return you can trust on that chart and make profit in that now price is 1017 buy above 1040 trg will be 1100/1150/1200/1300/1400 sl 1050 take risk according to your risk bearing capacity and discuss with your financial advisory first.
The stock is trading near its previous support levels . Rsi is also at 40 support, If held, the stock might move towards 700- 800 levels in the coming weeks.
CreditAccess Grameen Ltd BREAKOUT ABOVE @660 (ON 28-08-2020) WITH GOOD RISING VOLUMES IT CAN TOUCH UPPER TRENDLINE