PFC CUP AND HANDLE BREAKOUTCUP AND HANDLE PATTERN BREAKOUT CAN BE SEEN IN POWER FINANCE CORP. STOPLOSS AND TARGETS ARE SHOWN IN THE CHART. CAN GO LONG FOR 20-30% RETURNS
PFC trade ideas
PFC can work in coming daysThere could be two paths (a&b) for it to reach the target1 of 140 and then can touch 150 too. Risk reward is 1:3
PFC if crosses the trendline then may go up if crosses the trendline then may go up. please follow the horizontal line as support/resistance
PFC - LONG FOR 130 in June.Price Action on this chart :-
1. Inverse Head and Shoulders breakout.
2. Trendline Breakout with volume.
3. Price taking support on neckline of H&S Pattern.
Buy at CMP of 120 and wait for target of 130.(Gap Filling)
PFC :: Looking to Break the ResistancePFC has closed at a very important level which was a previous horizontal line. IF it closes above 123 then it will try to reach to 132 levels to fill the gap created earlier.
Note: This analysis is for education purpose only.
PFC - LongPFC CMP - 122.20
Looking bullish in higher time frame. One can go for Short Term Investment Trade Setup with the following entry, exit & targets.
Buy Range 119 - 122 / Stop Loss 104
Target 1 - 130
Target 2 - 150
Target 3 - 165
Disclaimer: This is my view and for educational purpose only.
PFC Weekly. CS till 137Candle Shunting all the way to 137. CCI 34 both weekly and monthly above 100.
PFC Declining W n Inverted V patternI am Novice at chart pattern but am putting out my study
PFC is showing declining W and inverted V in between W is also declining
Down-word slopping line also shows possible breakout near 120 for 1st target 140
PFC is ready to move up?PFC formed bullish Cypher pattern. Watchout the price at "watch out zone " and go long !
Power finance corporation target 150Buy pfc at range of 120 to 125... target 150... pfc has reached strong support and bounced back from 120.... medium to long term target is 150... positional trade is good . accumulate the stock every 10rs upmove and exit at 150rs...
PFC : CAUTION - May fall from herePrice Divergence seen on daily TF. Careful in open position or taking new position.
Disclaimer :- Kindly do you own research before taking any position. Market is all about probability, maintain you SL stickily.
PFC ViewsAs described in Chart Drawing for educational purpose. Not an investment or a trading advise.
After Friday's close above 135...After Friday's close above 135, there is possibility of #PFC to reach 169 / 170 price level. Lets see...
PFC : Dont short at wrong placeStock may get weak. However do not short this at wrong price. At bottom side several price it shows support and it may retrace at few price and may continue to fall. However keep your eyes on price. If you are short on this stock than let it retrace and then go for short.
Disclaimer :- Kindly do your own research before taking any position. Market is all about probability, maintain you SL stickily.
