CreditAccess Grameen: A Turnaround in Sight Short Term Trading Advice by Goodluck Capital
Buy CreditAccess Grameen
Buy Range- 990 - 1030
Target- 1200 - 1250
StopLoss- below 845
Upside Potential- 20% -25%
Approx trade duration 20 - 25 days
◉ Technical Analysis
● After a substantial decline, the stock is now showing signs of recovery, bouncing back from its trendline support.
● Additionally, the increasing trading volume is reinforcing the likelihood of a turnaround, indicating a potential reversal in the stock's fortunes.
◉ Fundamental Rationale
The Reserve Bank of India's (RBI) recent liquidity infusion of over ₹1.5 lakh crore is expected to boost economic growth and create a favorable environment for microfinance institutions (MFIs) like CreditAccess Grameen. Here are the key benefits:
● Improved Liquidity for Lending: The injection will help MFIs meet their short-term funding requirements, reducing their reliance on expensive sources of funding.
● Potential Interest Rate Cuts: Lower interest rates will enable CreditAccess Grameen to access cheaper capital, making loans more affordable for low-income customers.
● Boost to Rural Economy: Budget 2025's focus on rural development through increased government spending will enhance the repayment capacity of borrowers, reducing credit risks for MFIs. This will create a favorable environment for CreditAccess Grameen to operate and expand their services.
Swingtrading
Britannia - Low Risk SetupCMP 4834 on 05.01.25
The charts mention all important levels. This time, the stock has bounced back from a long-term support channel and formed a double-bottom pattern.
If the momentum continues it may go to 5240/5580 or more.
If it sustains below 4650, the setup goes weak.
one should keep the position size following risk management.
All this illustration is only for learning and sharing purposes, it is not trading advice.
All the best.
TECH MAHINDRA - Good formations | Bullish OutlookPrice Analysis & Overview:
1. Prices are in uptrend. Forming HH-HL.
2. 1500 can be an immediate hurdle.
3. RRR is okay, but there might be chances for a better entry price than CMP on a pullback.
4. Good volume strength.
5. Expecting ATH breakout.
Trade Plan:
1. ENTRY = CMP (1430)
2. SL = 10 % (1300)
3. TARGET = 1:2,1:3,1:4
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
ALIVUS - Breakout in Daily timeframeALIVUS (Alivus Life Sciences Limited, formerly Glenmark Life Sciences) - Breakout
Breakout observed in daily timeframe of Alivus, the company has a very good chart pattern and is in a good uptrend and recently broke out with good volumes. The breakout has also been retested and sustained. There could be a good upside in this stock. The company also has good fundamentals as written below.
Fundamentals.
MCap 14,299Cr
Stock P/E 32.4
Industry P/E 31.6
ROCE 28.1%
ROE 21.1%
NPM 20.6%
PEG Ratio 1.69
Debt 16Cr
Reserves 2,514Cr
EPS 36.05
Promoter holding 75%
API contribution 9MFY24
Chronic : 69%
Acute : 31%
Key Therapeutic areas contribution 9MFY24
Diabetes : 4%
CVS : 41%
CNS : 17%
Pain Management : 6%
Others : 32%
Business segments
The company has two key segments - Generics and Complex APIs (92% of FY23 revenue) and Contract Development and Manufacturing Operations (CDMO) (8% of FY23 revenue)
SWING OPPORTUINTY IN FALLING MARKET (REDINGTON)Stock gave strong breakout of all time high and trading above it if it sustains above 230,we can see buying opportunity till 250 ,270.
Entry - Above 230
Target -250 to 273 (According to your risk management)
Stoploss - 211
This is not a buy or sell call, analysis is shared for educational purpose.
CREDITACC: May Next Investment with 10-15% Upside PotentialThe chart provides delineates critical price thresholds that signify breakout points, along with specific support levels that serve as indicators of where buying interest may manifest.
Additionally, the chart highlights regions likely to act as ceiling points for future price ascensions, allowing for informed decisions on entry and exit strategies.
Disclaimer: The information contained in this technical analysis report is intended solely for informational and educational purposes. It should not be interpreted as financial advice or a recommendation to buy or sell any security. Investors are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions.
PRAKASH - Wonderful swing trading setupThe price has been consolidating since October 2023, with the ₹148 level establishing itself as a strong support zone. All previous reversals from this support, highlighted with green arrows, indicate its significance. Last week, the price formed a bullish engulfing pattern on the weekly timeframe, confirming buying momentum. This setup presents an excellent swing trading opportunity, with a stop-loss below ₹145 on a weekly closing basis and a target of ₹230 or a move toward the yellow trendline.
#APOLLO - Box Break Out in Daily chart📊 Script: APOLLO
Key highlights: 💡⚡
📈 Box Break Out in Daily chart.
📈 Price gave a good up move
📈 Went into a Side Ways consolidation for over a year
📈 Volume spike seen on BO
📈 MACD Cross Over
📈 One can go for Swing Trade.
BUY ONLY ABOVE 151 DCB
⏱️ C.M.P 📑💰- 150
🟢 Target 🎯🏆 – 64%
⚠️ Stoploss ☠️🚫 – 16%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Boost, Like and follow to never miss a new idea! ✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with MMT. Cheers!🥂
SRF Chart Signals Big Breakout OpportunityThe chart shows a weekly timeframe analysis of SRF Ltd (NSE) with a focus on a potential breakout. Here’s a breakdown of the analysis:
Pattern Identification
1. Symmetrical Triangle Pattern:
• The chart highlights a symmetrical triangle, where the price has been consolidating within converging trendlines.
• This pattern generally indicates a continuation or reversal, depending on the breakout direction.
2. Fair Value Gap (FVG):
• There is a Fair Value Gap (FVG) marked, which represents an imbalance in price action. It could act as a liquidity zone for price retracement.
3. Order Block (OB):
• An order block is highlighted, which is a strong demand zone. This suggests that buyers could step in, pushing prices higher.
Future Outlook
1. Bullish Breakout Expected:
• The arrows and target zones indicate that a bullish breakout from the triangle is anticipated.
• The projected upside move is around 665 points (25%-30%), aiming for targets near ₹3,300-₹3,400.
2. Potential Retest:
• A retest of the breakout level or a pullback into the order block (around ₹2,400-₹2,500) could occur before continuing upward momentum.
3. Secondary Triangle:
• Another smaller triangle formation is shown for the medium-term outlook, suggesting a consolidation phase before further movement.
Key Levels
• Support Zones: ₹2,357 (stop-loss region) and ₹2,486 (demand zone).
• Immediate Resistance: ₹2,606 (current breakout level).
• Target Zones: ₹2,791 and ₹3,300+ in the medium to long term.
This chart suggests a positive outlook for SRF Ltd, with a focus on confirming a breakout and maintaining the marked support levels.
DISCLAIMER- PLEASE DO YOUR OWN RESEARCH BEFORE INVESTING . THIS IS FOR EDUCATIONAL PURPOSES ONLY
BIOCON - Swing/Positional Trading opportunity This is a weekly chart to analyze the bigger picture in the stock
One can clearly see that stock is in Stage-2 uptrend with both Key MAs sloping up
Price bouncing from Key MAs (especially 40 week MA)
Volume activity is also favorable as of now
Relative strength of the stock is also high as compared to CNX500 on 52 week basis
Instead of just jumping on to the stock the very next day, I would prefer to wait for a low risk entry so that I can have bigger position with lower SL size.
This is not a recommendation. Pls do your own study before putting any money in any stock.
Share this with your friends if you find this useful.
For more learning stuff related to chart analysis, pls check out my other ideas (some of them are linked below)
You can always reach out to me anytime for any query or feedback.
Keep learning
ITC: A Strong Bullish Setup for Swing TradersHello Everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought A Perfect Bullish Setup for Smart Traders In ITC Ltd. Let's start:
ITC is back in action! This stock has caught my attention with its textbook-perfect breakout, making it a solid opportunity for swing traders and long-term investors. With the hotel business demerger complete, ITC is laser-focused on its core strengths—FMCG, Cigarettes, and Agri-business. The chart speaks volumes with an Ascending Triangle Pattern, signaling a breakout that’s hard to ignore.
Here’s what’s happening:
Ascending Triangle Breakout: Higher lows and strong buyer interest pushed the price above 492, confirming the breakout with volume.
Projected Move: After a 38% rally in 2023, ITC continues its bullish momentum with targets set at 492, 550, and 605. If 605 is breached, 650 is on the cards!
Entry and Stop Loss: Best accumulation zone lies between 442-431, backed by the upward trendline. Keep a stop loss below 391 to manage risk.
Why ITC Deserves Attention:
ITC’s valuation is still attractive with a low P/E ratio and one of the best dividend yields in the market. FMCG growth and resilient cigarette margins are driving the stock higher in the short term. Long-term investors will love its diversification, sustainability focus, and consistent performance.
My Take:
ITC is showing all the right signs of strength. This setup is not just for traders but also a gem for long-term portfolios. Keep an eye on ₹605—this could be the level where momentum shifts to the next gear.
Disclaimer: This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions.
If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
#INNOVATORS - VCP Break Out in Weekly chart📊 Script: INNOVATORS
Key highlights: 💡⚡
📈 VCP Break Out in Weekly chart.
📈 Price gave a good up move
📈 Went into a Side Ways consolidation & formed VCP
📈 Volume spike seen on BO
📈 MACD Cross Over
📈 One can go for Swing Trade.
BUY ONLY ABOVE 280 DCB
⏱️ C.M.P 📑💰- 265
🟢 Target 🎯🏆 – 57%
⚠️ Stoploss ☠️🚫 – 28%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Boost, Like and follow to never miss a new idea! ✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with MMT. Cheers!🥂
National Aluminum Co Ltd - Looks Good.Candidate looks good for swing trade with target of 240 INR. and S/L of 180 INR. CMP 205.54 INR.
Reason
Swing Trade
Touch Point reversal
MACD Cross Over
Continuation Wedge (Bullish) Pattern formation
PLEASE NOTE THAT:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
Sarla Poly - Low Risk SetupCMP 98.42 on 17.01.25
Since March 2024, the stock has been moving in a parallel channel-like pattern. This time touched the lower edge of the channel and showed a bounceback too. If the momentum continues, it may go to 105/120 or even more depending on the conditions.
MACD is showing a likely reversal too.
If it sustains below 88, the setup will go weak.
This illustration is only for learning and sharing purposes, not buying or selling advice. Please do your research before making any trades.
All the best.