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anuragcoma15
Oct 31, 2017 3:50 AM

PFC Falling Short

POWER FINANCE CORPNSE

Description

NSE: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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