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CreditAcess Grameen Standing near a crucial trendline support!Chart of Creditaccess is quite interesting.
Stock has a trendline support from which it has bounced multiple times in past.
Recently, stock has tried to bounce with very very very heavy volumes indicating big money getting exchange.
Given the history of the stock, we should at least expect 100% upside from this level. But it ccan also be a trap and stock can breakdown from here.
A safer level to watch is would be a weekly closing above 1110.
Support is 800 WCB for stock.
On upside, stock can go to 1480, 1710, 2000++
Very very risky. It can be a bottom fishing or a trap.
Idea shared for educational purposes only. We all should just watch what will happen from here and learn from it.
Sleeping giant-DLFDLF is a sleeping giant of the real estate sector. It is forming inverse head and shoulder on daily chart and has decent volumes. Looking at monthly charts this can move towards a level of 1000-1100 in 2-3 years. If one has patience. This could turn out to be multi bagger.
Caveat: A lot of people are stuck at higher prices since many years so moving high will be tough but if some strong player carries this with volumes, the target can be acheived.