PFC: Bullish Breakout with Raghanseda Project Development 1.Chart Pattern:
The stock has broken out of a downward-sloping trendline after a prolonged consolidation phase within a rectangle pattern (yellow box).
This breakout is supported by higher volumes, signaling strong buying interest.
2.Fundamental Trigger:
Power Finance Corporation has incorporated an SPV for the Raghanseda Transmission Project, enhancing its growth outlook.
3.Technical Levels:
Current Price: ₹512.20
Immediate Support: ₹499.95 (near breakout zone).
Critical Stop-Loss: ₹472.95 (below previous support).
Upside Targets: ₹527.45 (minor resistance) and ₹556.00 (major target, ~11% upside potential).
4.Indicators:
RSI is trending upwards, indicating positive momentum but not overbought.
Moving averages are aligning for a bullish crossover, supporting further upside.
5.Projection:
If the price sustains above ₹500, we could witness a rally towards ₹556 in the near term.
Traders may consider entering on pullbacks near ₹500 with a stop-loss at ₹472.95.
Risk Disclaimer: This is for educational purposes only. Conduct your own research before making any trading decisions.
PFC
PFC: Retrace from Support and Strong FundamentalsFundamental View
➡️ Market Cap: ₹1,66,177 Cr
➡️ PE Ratio: 8.02 | Dividend Yield: 2.68%
➡️ 52-Week High/Low: ₹580 / ₹200
➡️ Net Profit: ₹7,182 Cr (June 2024) | Revenue: ₹94,821 Cr (TTM)
➡️ ROE: 21.3% | Book Value: ₹306
Technical View
➡️ Major Resistance: ₹577
➡️ Ascending Trend Line in play
➡️ Retrace from Support
➡️ RSI near 47, indicating neutral momentum
MACD Crossover Swing Trade - PFC📊 Script: PFC
📊 Sector: Finance
📊 Industry: Finance - Term-Lending Institutions
⏱️ C.M.P 📑💰- 531
🟢 Target 🎯🏆- 569
⚠️ Stoploss ☠️🚫 - 511
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅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 trading. Cheers!🥂
THIS IS PFC IDEA FOR TRADINGAs we can see stock forms some kind of inverted H&D pattern and bullish crossover. the last time I've seen this stock traded at 113 was on 29th Oct.
We can plan to enter at 116 or 114 for 3 to 5%. when it breaks its H&D formation it can go further easily 🤞.
make sure Rsi STRENGHT and bullish candle formation on 15min chart when you enter.
educational purpose only!
Crossover Trade - PFC📊 Script: PFC
📊 Sector: Finance
📊 Industry: Finance - Term-Lending Institutions
Key highlights: 💡⚡
📈 Script is trading at Middle band of BB.
📈 MACD is giving crossover .
📈 Double Moving Averages will give crossover.
📈 Right now RSI is around 56.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 432
🟢 Target 🎯🏆 - 458
⚠️ Stoploss ☠️🚫 - 416
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅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 trading. Cheers!🥂
#SWANENERGY 291 Tgt 30% Upside Recommended BUY - Rachit Sethia$NSE:SWANENERFY
#SWANENERGY 291
TGT 375
SL 270
TF < 6M
RR > 4
RETURN 30%
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
Trade Setup - Ascending triangle in PFCThe outperformance of this stock is likely to continue.
The stock is gearing up for a ascending triangle breakout. The volume is shrinking (which is ideal during the pattern forming period and should pick up upon breakout) as the price is spending more time inside of this triangle.
The stock is getting constant support from the rising trend line and 320 is the upper horizontal triangle boundary.
upon decisive close above 320 the stock should swiftly move towards 330-335zone.
CMP 316.25
SL 312.5
Target 330
#QUICKHEAL 244 Buy TGT 300 SL 219 Recommended - Rachit Sethia QUICKHEAL 244
TGT 300
SL 219
RR >2
Return > 22%
TF < 6M
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
#GMRP_UI GMRP&UI 23 target 35+
GMRP_UI GMRP&UI
CMP 23
Target 35
SL 18
RR >2.5
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
PFC FRESH BREAKOUT !!!Hello to everyone
The price consolidating in tringle from last 12 years and given fresh breakout towards the upside, also retested in lower timeframe. Chart looking strong in all time frames. Its good opportunity as an investment point of view. Expecting good upmove towards the upside.
#PFC
👉PSU Stock on radar.✅
👉12 years triangle consolidation.📈📉
👉Big upmove possible as investment
👉Support at 130
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
#EPL #POLYPLEX #UFLEX #JINDALPOLY #COSMOFIRST #GRWRHITECH #AGI
#EPL
NSE:EPL
CMP: 191
TP: 273
SL: 143
TF: <6m
RR > 1.7 times
Return 40%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
PFC looking strong.Entry / Compounding / Averaging in PFC can be done after closing above 138 closing. The target for PFC will be 142, 148. Long term target in the stock will be 153. Stop loss in the stock can be maintained at a closing below 122.
The Dividend yield of the stock is staggering 9.2% at CMP. Valuation of the stock is affordable as the stock is trading at a PE of 2.5.
The negative aspect of the company is that MFs have decreased their stake off late and the net cash flow of the company is decreasing.
The positives of the company are that FIIs are increasing stake. As mentioned dividend yield has historically been very high for PFC. Net Profit of this PSU is increasing since last 2 years.
PFC - Supply at 135 and Demand re-appeared at 100 in Jul'22Context
Price has held above 100 even though volume dropped
Up from May'20 to Oct'21 met supply at 135
Demand re-appeared at 100 in Jul'22
Plan -
to Purchase Breakout above 135
or, rejection indications near 90
PB 0.4x
PE 2x
DE 10x
ROCE 9%
Div 11%