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DSKF16
Jul 31, 2017 9:33 AM

PFC: Can Good Power Generation LIFT Power Finance ?  Long

NSE:PFC1D
POWER FINANCE CORPNSE

Description

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All plotted on Chart.

Go LONG @ 124.15 (LTP at 2.55 pm)
Best Long: @ 123.90 - @ 121

Swing Target: @ 128.05, @ 129.4, @ 130.9, @ 132.75, @ 134.7+

Short term / Medium Term : Plotted on Chart.

SL: @ 116.50- (By closing)

If Helpful, post Comment.

ClickLIKE for Motivation.

Disclaimer: Only For STUDY.
For taking Trade Decision Consult Financial Advisor.

Comment

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For BTST Traders, Can Treat as BTST also.

Comment

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+1.33%
LTP: 126.10

Comment

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A result day any thing can be happened.
If traded in Fut, LONG 125PE to HEDGE LONG Position
OR
Keep SL as wish.
LTP: @ 125.25

Comment

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PFC FnO Strategy (EXP. Basis)
LONG 125.35 125.35
LONG 125PE 4.5
Calculative Loss (MAX) 4.85
Break Even(MAX) 129.85

Comment

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Correction: LONG FUT 125.35

Comment

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Made HIGH @ 128.4,
Achieved Target #1 @ 128.05
LTP: @ 127.45

Comment

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Made HIGH @ 133.5
Achieved Target #1 @ 132.75
LTP: @ 132.8

Comment

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Correction TARGET #4: @ 132.75

Comment

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Made HIGH @ 135.2
Achieved Target #5 @ 134.75
LTP: @ 134.95+
view provided: "Best Long: @ 123.90 - @ 121"
on 31st July 2017 at 2.55 pm.

Comment

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Made HIGH @ 137.45
Achieved Target #6 @ 137.05
LTP: @ 137
view provided: "Best Long: @ 123.90 - @ 121"
on 31st July 2017 at 2.55 pm.
FibonacciGannGann Square
Comments
sanjoy.bose.it
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Nice calculation, I'm long from 123.50. Let's see where it takes us in a week.
DSKF16
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@Sanjoy.bose.it, LTP @ 125.4, in Spot @ 126 crucial. HEDGE with LONG 125PE To restrict LOSS if Dipped sharply or KEEP TSL as stock Progress.
Parasuram
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Good advice my friend! couple of days back without realizing result day i was trading on LIC housing and got butchered....
DSKF16
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@Parasuram, While trading in FUT. always HEDGE with Option, Basic rule. Though Profit will be LESS, BUT safe for portfolio & generally no need to put SL. as you counted LOSS as calculative loss. You can trade fearlessly. But we retailers do trade "necked"
Parasuram
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@DSKF16, in options hedging what do yout take... in the money puts or sell calls?
DSKF16
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@Parasuram, Depends on price behaviour of Stocks. LIKE PFC LONG PUT Option.
Parasuram
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@DSKF16, in the money /ATM or out of the money option you go for ? how about as value addition give the hedging strategy also... am i asking too much?? Cheers!
DSKF16
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@Parasuram, If you watch PFC Update, When i post FUT @ 125.35, Cash @ 124.5, so 125PE neither ATM nor ITM (Spot perspective), it is OTM but can treat as ATM.
Indidiot
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But it has to come out of Rectangle for any significant move....I Guess. But When??
DSKF16
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@Indidiot, After Two day today Closed above Gann fan "5 X 1". & closed in between "5 X 1" & "4 X 1"
Think Reversal happed, but lagging of Volume can't confirmed.
Hope tomorrow picture will be cleared.
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