CREDITACCESS GRAMEEN LTD stock forum
CREDITACC Credit Access Grameen Ltd view for Intraday 16th Jan #CREDITACC
Resistance 900-905 Watching above 906 for upside movement...
Support area 890 Below 898 ignoring upside momentum for intraday
Watching below 888 or downside movement...
Above 898 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
CREDITACC "📈 CREDITACC is trading at a critical support zone near 860-870, backed by a long-term trendline. This level has acted as a strong demand zone multiple times in the past.
🔍 Here's why this is exciting:
Trendline Support: The stock is respecting a multi-year ascending trendline.
Risk-Reward Setup: Entry near 890 with a stop-loss at 807 and potential targets at 1,015 and 1,268.
Volume Analysis: Watch for a spike in volumes near resistance for a breakout confirmation.
🚨 Key Levels:
Support: 860-870
Resistance: 1,015 | 1,268
💡 Idea: A move above 1,015 could confirm bullish momentum, opening up significant upside potential. Stay cautious if the price breaks below 807."
#SwingTrading #StockMarket #TradingIdeas #CREDITACC #TechnicalAnalysis #BullishSetup
CREDITACC Delivery Buy CREDITACC Above 917 Stop Loss 810 Targets 1030-1150CREDITACC Delivery Buy CREDITACC Above 920 Stop Loss 889 Targets 950-980