CREDITACC - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.3
| Stock Code | CREDITACC | Market Cap | 21,384 Cr. | Current Price | 1,335 ₹ | High / Low | 1,497 ₹ |
| Stock P/E | 44.1 | Book Value | 448 ₹ | Dividend Yield | 0.00 % | ROCE | 9.55 % |
| ROE | 7.86 % | Face Value | 10.0 ₹ | DMA 50 | 1,313 ₹ | DMA 200 | 1,276 ₹ |
| Chg in FII Hold | -0.61 % | Chg in DII Hold | -0.10 % | PAT Qtr | 252 Cr. | PAT Prev Qtr | 126 Cr. |
| RSI | 52.7 | MACD | -0.01 | Volume | 4,09,159 | Avg Vol 1Wk | 6,63,525 |
| Low price | 848 ₹ | High price | 1,497 ₹ | PEG Ratio | 3.02 | Debt to equity | 2.81 |
| 52w Index | 75.1 % | Qtr Profit Var | 353 % | EPS | 30.3 ₹ | Industry PE | 26.6 |
📊 Analysis: CREDITACC is trading at 1,335 ₹, slightly above its 50 DMA (1,313 ₹) and 200 DMA (1,276 ₹), showing near-term support. RSI at 52.7 indicates neutral momentum, while MACD (-0.01) is flat, suggesting indecision. Current volume (4.09L) is below the 1-week average (6.63L), pointing to weaker intraday participation. The setup favors cautious intraday trades with limited upside potential.
💰 Optimal Buy Price: 1,325–1,335 ₹ (near support zone)
📈 Profit-Taking Levels: 1,355–1,370 ₹ (short-term resistance)
⚠️ Stop-Loss: 1,310 ₹ (below support)
⏳ If Already Holding: Exit intraday if price fails to sustain above 1,325 ₹ or if RSI dips below 50 with weakening volume. Book profits near 1,355–1,370 ₹ if momentum slows. Watch MACD turning negative as a clear exit signal.
Positive
- Strong quarterly PAT growth (252 Cr. vs 126 Cr.), up 353%.
- EPS of 30.3 ₹ supports earnings strength.
- Stock trading above both 50 DMA and 200 DMA, showing technical support.
- 52-week performance index at 75.1% indicates strong long-term trend.
Limitation
- High P/E (44.1) compared to industry average (26.6), suggesting overvaluation.
- ROCE (9.55%) and ROE (7.86%) are modest, showing weak efficiency.
- Debt-to-equity ratio of 2.81 indicates high leverage risk.
- Dividend yield is 0.00%, offering no income support.
- Volume below average, limiting intraday opportunities.
Company Negative News
- No major external negative news reported, but high leverage and reduced FII (-0.61%) and DII (-0.10%) holdings are concerns.
Company Positive News
- Quarterly PAT surged significantly, showing strong earnings recovery.
- Stock trading near highs, reflecting investor confidence.
Industry
- Industry P/E at 26.6 is lower than CREDITACC’s P/E (44.1), suggesting relative overvaluation.
- NBFC sector remains growth-oriented but sensitive to interest rate cycles and credit risk.
Conclusion
🔎 CREDITACC offers moderate intraday potential with support near 1,325 ₹ and resistance around 1,355–1,370 ₹. Momentum indicators suggest caution, as volume is weak and MACD is flat. Best strategy: Buy near support, exit near resistance, and protect downside with a strict stop-loss at 1,310 ₹.