Vijayaraghavan

PFC short term view

Long
NSE:PFC   POWER FINANCE CORP
Inverse Head and shoulder pattern formed and daily MACD line crossover may happen on upcoming days. Target mentioned on chart.


Vijayaragavan
Kovilpatti.
Trade closed manually

Comments

90 to 91 levels seems to have a lot of supply
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Vijayaraghavan BullRajaram
@BullRajaram, Yes sir. It needs to cross 93.
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look to daily chart
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it is more upside i think minimum 103 may be more
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Vijayaraghavan dr_professor_nifty
@dr_professor_nifty, Yes I seen yesterday when analysing PFC It is forming a round bottom.. That will give target near 106. But it needs some confirmation. Thats why given target with hourly chart.
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