anuragcoma15

PFC Falling

Short
NSE:PFC   POWER FINANCE CORP
PFC is at multi-month and multi-year resistance. It attempted to breach the resistance but ended up negative.

Short PFC below 141 for target 128
SL 149
Trade active:
Trade became active the very next day of publishing the chart. This is delayed update. The stock has touched till 148.20 but did not reach our SL and currently trading at 142
Comment:
Doing good
Comment:
Trail your SL to near cost price of 142
Comment:
Opened and closed below the target price of 128.
Made a low of 124.20
Book here or keep SL of 129.5 and continue the trade
Comment:
Book if price of 124 is available
Trade closed: target reached:
Hope you all booked profits. Stock made a low of 122. Nicely surpassing our target.
Let me calculate the profit as per our target
Profit -> 141 - 128 = 13
If you traded in 1 lot you're profit -> 13 * 6000 = 78000
Enjoy!

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