Stock Analysis of Credit Access Grameen Ltd.
Price - 773 Dt. - 13-01-2021
The stock is moving in a channel and become weak from the last 3 trading sessions. Stock is facing resistance at the green line and started falling after touching. The stock gave the close below the 21 DEMA as well. We are expecting the stock to fall till 50DEMA which is placed at 754 and bounce back. RSI is neutral.
If stock starts moving up then buy after it breaks the green resistance line.
The stock is moving in a channel and become weak from the last 3 trading sessions. Stock is facing resistance at the green line and started falling after touching. The stock gave the close below the 21 DEMA as well. We are expecting the stock to fall till 50DEMA which is placed at 754 and bounce back. RSI is neutral.
If stock starts moving up then buy after it breaks the green resistance line.
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