aks85

PFC- Cup and Handle Breakout- Buy Setup

Long
aks85 Updated   
NSE:PFC   POWER FINANCE CORP
3
As seen PFC has broken out of Cup and Handle pattern with good volumes in the daily chart . It is bullish in the larger time frame as well. RSI has also given a breakout and now is above 60, indicating that the stock has gained good momentum.
Expected Levels- 140, 155.

If someone can hold it for a few months then target would be the height of the cup i.e 185- 190.
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.