CREDITACC - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

💳 Intraday Trade Analysis: CREDITACCESS GRAMEEN

CREDITACC shows a mixed bag of indicators — strong short-term momentum and recent gains, but lingering valuation concerns and drastic quarterly profit contraction raise caution for intraday activity. If traded, it demands sharp entries and tight exits.

⭐ IntraDay Trade Rating

2.9

MACD support and above-DMA price action are encouraging, yet ultra-high P/E, falling profit, and subdued volume compared to the average limit the trade quality today.

📊 Technical Highlights

RSI: 45.7 → Neutral zone; no strong momentum signal.

MACD: +21.4 → Positive trend in motion, but not steep enough for conviction.

Volume: 3.49L vs Avg 17.5L → Significantly below recent norm, showing waning trader interest.

Current Price: ₹1,238 → Slightly above DMA50 (₹1,227) and well above DMA200 (₹1,137), but breakout strength absent.

🛒 Intraday Entry Plan

If you're initiating a fresh trade

Buy Zone: ₹1,235–₹1,240 Entry only on bullish candlestick pattern (e.g. hammer, engulfing) and volume pushing beyond 6L.

Profit Booking Levels

₹1,255 (short resistance zone)

₹1,270 (if momentum builds into session close)

Stop-Loss: ₹1,222 Below DMA50 support and key psychological marker — exit fast if price turns downward.

📌 Exit Strategy for Intraday Holders

Already holding intraday? Watch for

Exit Signals

Price failing to hold ₹1,235 after midday.

RSI dropping below 44 or MACD histogram flattening.

Volume remains below 4L into afternoon — signals fadeout risk.

Exit Range

₹1,250–₹1,260 if candles begin forming topping patterns (e.g., spinning tops, long wicks).

Trailing Strategy

If price exceeds ₹1,265, shift SL to ₹1,250 and stay nimble as momentum could reverse sharply late session.

💡 Quick Take

CREDITACC offers limited intraday momentum today. With high debt, steep valuation, and a sharp drop in profit, it’s best approached with caution — more scalping setup than trend trade. MACD slope may support a pop, but without volume confirmation, it’s a fragile structure.

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