PNCINFRA trade ideas
Channel BOPNC Infra is a good company with good fundamentals..today it broke out of the channel it was moving in and almost reached its 52 week high...there are 2 possibilities here -
1. It will keep up the momentum and cross 312 ( less likely, but you never know with the market)
2. It will pull back, and then continue moving up. ( this WOULD BE ideal)
Of course there are other possibilities too, but i am optimistic. these are scenarios and ideas, not advice or recommendations.
PNC Infra Ready to Break The Level NOWGyanee
1)Resistance at Retracement Level 78.6%
2)Flag Breakout
3)MA20 Crossing Over MA50
4)High Volume with High Delivery
PNC Infratech is super bullish Inverse h&S on PNC Infratech. Breakout of this will be super huge.
Note: This is for educational purpose, please invest your money based on your research.
EXIT AT COST PNC INFRADue to Time lapse of more than 5 days the stocks perform near the buy point and traded below the level
PNC INFRA TECH - LONG NSE:PNCINFRA
PNC INFRA TECH LTD - LCP 172.30/-Rs
FAIR VALUE - 193.92
Avg Broker Target Price 223.75/-Rs
Consolidation Breakout at 158.35/-Rs
Trend line Support at 170.25/-Rs
Expecting a Price Volume Trend till 215/-Rs
Major Resistance at 215/-Rs
Disclaimers: - The contents produced here are purely for Educational Purposes. They Should Not Be Constructed as Buy/Sell Recommendations
Financial Interest - Yes
PNC infra following the trendline, currently at supportStock is following the trend line and taking support at 127, may continue the uptrend with target of 200
pncinfra cmp 150 Target 200breakout in PNCinfra buy cmp 150 target 200 ,Nomura had given a target 210
PNCinfra Bull infra StockBull infra Stock Company has reduced debt.
Company is virtually debt free, Company has good consistent profit growth of 26.98% over 5 years
Sales -453,Profit -76 Cr Fundamentally strong compare to peer companies Target open invest to 2 Year
