akshit_official

PFC - POSITIONAL SHORT OPPORTUNITY

Short
akshit_official Updated   
NSE:PFC   POWER FINANCE CORP
SYMBOL - PFC

CMP - 510

PFC saw huge sell off on 4th June & now It is recovering & price is testing the liquidity area which is now a resistance.

I'm seeing a trading opportunity on sell side in PFC.

Shorting PFC Futures at CMP 510

I will be adding more if 535 - 540 comes & will hold with SL of 562

Targets I'm expecting are 418 - 402 & 388





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Trade active:
CMP 495

15 rupees in profit.
Trade active:
CMP 482

28 rupees ~ 6% in profit.
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