PFC trade ideas
POWER FIN CORP LTD S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
PFC Making Flag pattern for 2X targetsThis is the daily timeframe chart of PFC
Prices are down 30% from highs and now currently trading around 400 levels
Stock is making flag pattern and we may get huge upside if stock gives breakout of the resistance
One can expect stock to gp up till 480-490 levels for quick upside
Thank You !!
Check The Support And Resistance Level Befour Investing...Hi ,
Only For Study Purpose...
I am Just Study as per my Treding Some Bullish Condition with
Volume Condition (100% increase): We check if the volume one day ago is greater than twice the volume from two days ago, indicating at least a 100% increase in trading volume:
This condition ensures that there has been a significant increase in trading activity (volume) compared to two days ago.
Combined Bullish Signal: The combined bullish signal now requires all of the following conditions to be met:
The 3-day EMA crosses above the 12-day EMA.
The RSI (14) crosses above 50.
The MACD signal is higher than the previous day's signal.
The MACD signal has increased by more than 20% from the previous day.
The current closing price is higher than the average closing price of the last two days.
Today's volume is greater than yesterday's volume.
The volume one day ago is at least 100% higher than the volume from two days ago.
Alert Condition: The alert condition will trigger when all of these conditions are met, signaling a bullish trend.
[Positional] PFC Buy IdeaWait for the trigger
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives
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 LTD S/R for 25/11/24Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
[Positional] PFC Buy IdeaNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
=======
I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
=======
I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
=======
Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives
PFC 1 DAY TFPFC is at a perfect support zone, as the market is bearish it is likely to fall from the zone.
If it falls, we can expect a target of 420 and if it bounces from here, we can again see higher levels of 560.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any queries.
Disclaimer:- This is my view. Please analyze the charts yourself and then decide to take any trades.
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.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Power Finance, Target Reached, 295 % Profit _ Complete AnalysisIn Power Finance Corporation a "Symmetrical Triangle Pattern" formed and Breakout, Reached the Target. Buy in February 2023 at the Price of 113 rupees and Sell in January 2024 at 450 rupees. This Result in a Total PROFIT of 295 % within a Year (11 months).