CREDITACC long Idea...
CREDITACC chart looks good for uptrend. Good Volumes have seen in Daily chart. It is yet to confirm uptrend by breaking trendline resistance.
Pro's: Liquidity pump in system by RBI which is good news for Finance Sector. Waiting for Interest rates to reduce in coming months.
Con's: Q3FY25 PAT is down and sales growth is down. Buisness is dull due to Micro-Finance Lending NPA's, Provisions. Growth will come with Interest rate cycle. So good time is Ahead.
NOTE: Risk Management is Very Important to save capital.
Pro's: Liquidity pump in system by RBI which is good news for Finance Sector. Waiting for Interest rates to reduce in coming months.
Con's: Q3FY25 PAT is down and sales growth is down. Buisness is dull due to Micro-Finance Lending NPA's, Provisions. Growth will come with Interest rate cycle. So good time is Ahead.
NOTE: Risk Management is Very Important to save capital.
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