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srikartiram
Nov 9, 2020 7:12 AM

PFC | Big potential - Looks good for 25% to 38% Long

POWER FINANCE CORPNSE

Description

PFC | Big potential - Looks good for 25% to 38% - Consider entering during retracement.

CMP : 98
SL : 94
(But can considerably keep below 86 - if willing to hold for short term - and buy in dips upto 88 even if this breakout is not sustained )
Target : 115, 121, 132

Trade closed: target reached

2nd target completed.
Comments
dlknrao
ear SriKartiram,
Took a position in PFC by buying 110 CE DEC at 5.20 today when the share was trading at 108, Is it safe to stay invested in the CE option until we attain the said target given by you?
Naga Bhushana rao.
Vijayawada.
srikartiram
@dlknrao, Time to party :)
dlknrao
@srikartiram, Dear Srikartiram, Based on the Idea Given by you, Initiated PFC 110 call and closed it at 9 and shifted to115 CE at 5.2 & came out of it Today at 9 in panic when the price is reversing from 122. I should be thankful to you for the suggestion posted by you.
TEJZZ
it will surely go! it has given a strong breakout
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