ARMANFIN Technical: chart is looking good for reversal.
Stoploss & Targets are given in chart. In coming growth cycle, it might touch Channel high.
Risk Management is very Important as Micro-Finance Industry is in bad shape right now.
NOTE: It is NBFC with 2Wheeler, Microfinance, and MSME Loans. MFI segment is currently under very stress due to NPA's so bad asset quality, , provisions so drop in net profits. Drop in Interest rates will trigger next growth cycle. So closely observe RBI rates and signals in price chart.
Stoploss & Targets are given in chart. In coming growth cycle, it might touch Channel high.
Risk Management is very Important as Micro-Finance Industry is in bad shape right now.
NOTE: It is NBFC with 2Wheeler, Microfinance, and MSME Loans. MFI segment is currently under very stress due to NPA's so bad asset quality, , provisions so drop in net profits. Drop in Interest rates will trigger next growth cycle. So closely observe RBI rates and signals in price chart.
Note
As mentioned NPA in MFI is coming down but Q1,Q2FY26 will be recovery. Only after Q3FY26 will be working on growth. Rate cut is helping for price movement. Though Asset qaulity is getting better, But for breakout of ATH, we need growth in revenue and profits.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.