CREDITACC - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.8
| Stock Code | CREDITACC | Market Cap | 18,527 Cr. | Current Price | 1,154 ₹ | High / Low | 1,497 ₹ |
| Stock P/E | 38.2 | Book Value | 448 ₹ | Dividend Yield | 0.00 % | ROCE | 9.55 % |
| ROE | 7.86 % | Face Value | 10.0 ₹ | DMA 50 | 1,253 ₹ | DMA 200 | 1,266 ₹ |
| Chg in FII Hold | -0.61 % | Chg in DII Hold | -0.10 % | PAT Qtr | 252 Cr. | PAT Prev Qtr | 126 Cr. |
| RSI | 39.0 | MACD | -31.6 | Volume | 1,24,833 | Avg Vol 1Wk | 2,43,794 |
| Low price | 860 ₹ | High price | 1,497 ₹ | PEG Ratio | 2.62 | Debt to equity | 2.81 |
| 52w Index | 46.1 % | Qtr Profit Var | 353 % | EPS | 30.3 ₹ | Industry PE | 23.3 |
📊 CreditAccess Grameen (CREDITACC) shows weak intraday potential today. RSI at 39.0 indicates oversold conditions but lacks strong reversal signals. MACD is negative (-31.6), confirming bearish sentiment. Current price (1,154 ₹) is below both 50 DMA (1,253 ₹) and 200 DMA (1,266 ₹), reflecting downward momentum. Volume (1,24,833) is significantly below average (2,43,794), limiting intraday volatility and breakout chances.
💡 Optimal Buy Price: 1,140–1,150 ₹ (near support)
🎯 Profit-Taking Levels: 1,175–1,185 ₹ (short-term resistance)
🛑 Stop-Loss: 1,130 ₹ (recent low)
⏳ If already holding intraday: Exit near 1,175–1,180 ₹ if momentum weakens or if price fails to sustain above 1,155 ₹ with volume confirmation.
Positive
- Quarterly PAT surged from 126 Cr. to 252 Cr. (+353%).
- EPS of 30.3 ₹ supports earnings growth.
- Strong 52-week performance (+46.1%).
Limitation
- Stock trading below both 50 DMA and 200 DMA indicates bearish trend.
- High debt-to-equity ratio (2.81) raises financial risk.
- FII (-0.61%) and DII (-0.10%) holdings decreased, showing reduced institutional confidence.
- PEG ratio of 2.62 suggests valuation is stretched relative to growth.
Company Negative News
- No major negative news reported, but high leverage and weak technicals weigh on sentiment.
Company Positive News
- Quarterly PAT growth indicates strong profitability momentum.
- EPS improvement supports earnings consistency.
Industry
- Industry P/E at 23.3 is lower than CREDITACC’s 38.2, suggesting relative overvaluation.
- Microfinance sector remains growth-oriented but faces risks from credit cycles and rural demand fluctuations.
Conclusion
⚠️ CreditAccess Grameen is not an ideal intraday candidate today due to weak momentum, low volume, and price trading below key averages. Short-term traders may attempt a bounce trade near 1,140–1,150 ₹ with a tight stop-loss at 1,130 ₹, but risk remains elevated. Conservative traders should avoid aggressive intraday positions until momentum indicators improve.